Emerging Technologies for User-Friendly Mobile Payment Applications

2014 ◽  
pp. 1432-1461
Author(s):  
Vibha Kaw Raina
Keyword(s):  
Wireless Networks ◽  
Mobile Phones ◽  
Mobile Device ◽  
Mobile Communications ◽  
Emerging Technologies ◽  
Mobile Telephony ◽  
Mobile Payment ◽  
Mobile Payments ◽  
Resource Limited ◽  
User Friendly

The advancement and the evolution of mobile communications and mobile device technology have led to a remarkable growth and tremendous requirement for mobile applications that are carried on mobile phones. These technologies have lead to the deployment of business, communications, and mobile services, and hence, gave rise to mobile payments. The mobile payments are considered as the killer applications and are real-time cashless payments. Mobile payments take place with the help of mobile telephony and communications where maintaining security solutions becomes an important factor. This chapter describes the different emerging technologies carried out between a resource-limited mobile device and a resource-rich computer server over wireless networks.

Emerging Technologies for User-Friendly Mobile Payment Applications

2014 ◽  
pp. 279-307 ◽  
Author(s):  
Vibha Kaw Raina
Keyword(s):  
Wireless Networks ◽  
Mobile Phones ◽  
Mobile Device ◽  
Mobile Communications ◽  
Emerging Technologies ◽  
Mobile Telephony ◽  
Mobile Payment ◽  
Mobile Payments ◽  
Resource Limited ◽  
User Friendly

The advancement and the evolution of mobile communications and mobile device technology have led to a remarkable growth and tremendous requirement for mobile applications that are carried on mobile phones. These technologies have lead to the deployment of business, communications, and mobile services, and hence, gave rise to mobile payments. The mobile payments are considered as the killer applications and are real-time cashless payments. Mobile payments take place with the help of mobile telephony and communications where maintaining security solutions becomes an important factor. This chapter describes the different emerging technologies carried out between a resource-limited mobile device and a resource-rich computer server over wireless networks.

NFC Payments Overview

2017 ◽  
pp. 1-42
Keyword(s):  
Mobile Phones ◽  
Short Range ◽  
Near Field ◽  
Mobile Commerce ◽  
Mobile Payment ◽  
Near Field Communication ◽  
Point Of Sale ◽  
Mobile Payments ◽  
Close Range ◽  
User Friendly

NFC payment is the latest mobile payment technology for cashless transactions. Mobile payment is an application of mobile commerce which facilitates mobile commerce transactions by providing the mobile customer with a convenient means to pay. Many mobile payment methods have been proposed and implemented like user friendly, customer centric, merchant centric where security concerns are highly addressed. This chapter discusses the evolution of mobile payments that describes different technologies like SET, Barcode, Biometrics and also Near Field Communications that provides a platform for many applications for peer to peer transactions and other security features where confidentiality and trust are main concerns. Near Field Communication (NFC) provides means to close-range contactless identification and communications for mobile phones and other devices Also, use of NFC for short range communication allows the possible integration with existing Point-of-Sale equipment and the payment process from the customers and merchants perspective.

scholarly journals Mobile Devices and Recording in the Classroom

2014 ◽  
Vol 3 (1) ◽  
pp. 21-32 ◽  
Author(s):  
Yasmin Ibrahim ◽  
Anita Howarth
Keyword(s):  
Higher Education ◽  
Mobile Devices ◽  
Mobile Phones ◽  
Mobile Device ◽  
New Technologies ◽  
Higher Education Institutions ◽  
Mobile Technologies ◽  
Mobile Telephony ◽  
Internet Connectivity ◽  
New Challenges

Mobile technologies such as tablets, iPads, laptops, netbooks as well as mobile phones with internet connectivity and recording features present new challenges to the academy. In the age of convergence and with the encoding of several features into mobile telephony, private spaces of the classroom can be reconfigured through the mediation of technologies. In most cases, existing rules and regulations of higher education institutions do not comprehensively address these challenges. The introduction of new technologies into the classroom has been often framed historically as vital and relevant for a progressive academic society or as part of a national imperative to transform the ways in which the authors access and engage with knowledge. This paper surveys British universities to examine how they govern the phenomenon of recording content through mobile technologies. The results reveal a pervasive use of mobile devices in UK universities and clear divergences in approaches to enacting mobile device-specific policies to govern the usage of these technologies.

scholarly journals The dawn of a mobile payment scheme: The case of Movii

2021 ◽  
Author(s):  
Carlos León
Keyword(s):  
Mobile Device ◽  
Mobile Payment ◽  
Payment Scheme ◽  
Mobile Payments ◽  
Payment Instruments ◽  
Business To Business ◽  
Over Time ◽  
Unique Dataset

Mobile wallets replicate physical wallets on a mobile device, in which users can store different payment instruments (e.g., cards, transfers) to make mobile payments. As the mobile wallet is adopted, a mobile payment scheme emerges, with its users as elements in a network of transfers. In this article, I study the mobile payment scheme of Movii— the first fintech firm in Colombia operating under a financial non-banking license for electronic deposits and payments. Based on a unique dataset of bilateral transfers between Movii’s mobile wallet users, I build, visualize and analyze Movii’s network, daily from November 18, 2017, to November 25, 2020. Besides the anticipated increase in the number of users and the value of transfers, the visual and quantitative complexity of the network of transfers increases over time. This increase in complexity is likely to be linked to the adoption of Movii’s mobile wallet, which results in users finding new ways to use mobile payments beyond person-to-person transfers, including person-to-business and business-to-business. Also, results suggest the Covid-19 pandemic accelerated the evolution of Movii’s mobile payments scheme.

Universal Approach to Mobile Payments

2009 ◽  
pp. 2280-2288
Author(s):  
Stamatis Karnouskos ◽  
András Vilmos
Keyword(s):  
Mobile Phones ◽  
Business Models ◽  
Mobile Commerce ◽  
Mobile Payment ◽  
Future Trends ◽  
Mobile Payments ◽  
High Penetration ◽  
Universal Approach ◽  
Further Development ◽  
Day By Day

An old saying coming from the telecom world states that nothing can be really considered as a service unless you are able to charge for it. The last several years have seen a boom in interest in mobile commerce, mainly due to the high penetration rates of mobile phones. Furthermore, there is evident the need for a real-time, open, and trusted payment service that can be used any time, anywhere, and that can handle any transaction in any currency. Such a service would promote not only content creating activities but would empower the electronic and mobile commerce area and kick-start new innovative services. The time is right for such a mobile payment service, because the infrastructure, the business models, and other conditions that favor its existence are realistic and in place (Vilmos & Karnouskos, 2004). Up to now, we have witnessed the rise and fall of several efforts in the area, ranging from realizing simple intangible good purchases, up to interaction with real points of sale (POS) and person-to-person (P2P) transactions. Day by day, new trials are initiated, targeting different sections in the MP area; however, there is still no solution that is open and widely accepted. In this article, we first introduce the reader to the mobile payment area, present the guiding forces behind it, and subsequently examine such an open, secure mobile payment approach that has been successfully designed, implemented, and tested. Furthermore we identify some midterm future trends that we consider will be of high importance to the further development of the area.

New Perspectives of Mobile Payment Platform for Developing Countries

2014 ◽  
pp. 308-324
Author(s):  
Rodrigue Carlos Nana Mbinkeu
Keyword(s):  
Developing Countries ◽  
Mobile Phones ◽  
Rural Areas ◽  
Mobile Payment ◽  
Great Success ◽  
Mobile Payments ◽  
The Social ◽  
Money Transfer ◽  
The Impact

Mobile phones have become substantially more popular and sophisticated as African consumers have become remarkably comfortable with their use. This chapter shows the impact of the growing adoption of mobile payments as a financial transaction medium for money transfer, retail payments, or micropayments in Africa. Adoption was slow due to the nature of the mobile technology supporting the concept. The author shows how these innovations will continue to improve the quality of life of Africans, especially those in rural areas. He presents M-Pesa as a mobile payment system, which has had great success in Kenya. The author identifies the fundamental principles of success; thus, this enables the author to create an ECOPAY platform, which is an innovative mobile payment platform for emerging markets. The platform provides different types of m-payment like as B2C, B2B, or P2P using the mobile phone or others devices. Each transaction is secure by using encrypted messages and encrypted connections between the devices and the ECOPAY servers. The solution is based on the social and technological environment in developing countries.

Overview of Mobile Payment

2014 ◽  
pp. 180-217 ◽  
Author(s):  
Vibha Kaw Raina
Keyword(s):  
Mobile Phones ◽  
Smart Phones ◽  
Mobile Payment ◽  
Payment Systems ◽  
Mobile Telecommunications ◽  
Mobile Terminals ◽  
Cellular Telephones ◽  
Mobile Payments ◽  
Monetary Value ◽  
Telecommunications Network

According to the Mobile Payment Forum, mobile payments are the transactions with a monetary value that is conducted through a mobile telecommunications network through diverse mobile users devices, such as cellular telephones, smart phones or PDAs, and mobile terminals. Mobile payment is a transfer of funds in return for goods or services in which a mobile device is functionally involved in executing and confirming payment. The payer can be standing at a POS or be interacting with a merchant located somewhere else. Mobile payment systems enable customers to purchase and pay for goods or services via mobile phones. Here, each mobile phone is used as the personal payment tool in connection with the remote sales. Payments can take place far away from both the recipient and the bank. This chapter gives an overview of mobile payments.

Overview of Mobile Payment

2014 ◽  
pp. 186-222 ◽  
Author(s):  
Vibha Kaw Raina
Keyword(s):  
Mobile Phones ◽  
Smart Phones ◽  
Mobile Payment ◽  
Payment Systems ◽  
Mobile Telecommunications ◽  
Mobile Terminals ◽  
Cellular Telephones ◽  
Mobile Payments ◽  
Monetary Value ◽  
Telecommunications Network

According to the Mobile Payment Forum, mobile payments are the transactions with a monetary value that is conducted through a mobile telecommunications network through diverse mobile users devices, such as cellular telephones, smart phones or PDAs, and mobile terminals. Mobile payment is a transfer of funds in return for goods or services in which a mobile device is functionally involved in executing and confirming payment. The payer can be standing at a POS or be interacting with a merchant located somewhere else. Mobile payment systems enable customers to purchase and pay for goods or services via mobile phones. Here, each mobile phone is used as the personal payment tool in connection with the remote sales. Payments can take place far away from both the recipient and the bank. This chapter gives an overview of mobile payments.

New Perspectives of Mobile Payment Platform for Developing Countries

2016 ◽  
pp. 2377-2393
Author(s):  
Rodrigue Carlos Nana Mbinkeu
Keyword(s):  
Developing Countries ◽  
Mobile Phones ◽  
Rural Areas ◽  
Mobile Payment ◽  
Great Success ◽  
Mobile Payments ◽  
The Social ◽  
Money Transfer ◽  
The Impact

Mobile phones have become substantially more popular and sophisticated as African consumers have become remarkably comfortable with their use. This chapter shows the impact of the growing adoption of mobile payments as a financial transaction medium for money transfer, retail payments, or micropayments in Africa. Adoption was slow due to the nature of the mobile technology supporting the concept. The author shows how these innovations will continue to improve the quality of life of Africans, especially those in rural areas. He presents M-Pesa as a mobile payment system, which has had great success in Kenya. The author identifies the fundamental principles of success; thus, this enables the author to create an ECOPAY platform, which is an innovative mobile payment platform for emerging markets. The platform provides different types of m-payment like as B2C, B2B, or P2P using the mobile phone or others devices. Each transaction is secure by using encrypted messages and encrypted connections between the devices and the ECOPAY servers. The solution is based on the social and technological environment in developing countries.

Consumer and Merchant Adoption of Mobile Payment Solutions

2009 ◽  
pp. 1626-1639
Author(s):  
Niina Mallat ◽  
Tomi Dahlberg
Keyword(s):  
The Netherlands ◽  
Mobile Phones ◽  
Mobile Commerce ◽  
Mobile Payment ◽  
Mobile Service ◽  
Enabling Technology ◽  
Discussion Section ◽  
Mobile Payments

As payments by mobile phones are an enabling technology, the adoption of mobile payments is believed to significantly influence the successful emergence of electronic and mobile commerce. In recent years, several mobile payment solutions have been launched, including the Mobipay in Spain, Moxmo in The Netherlands, M-pay in UK, and Pan-European SimPay. With the exception of mobile service purchases, however, consumer and merchant acceptance of these solutions has remained marginal. We discuss consumer and merchant adoption of mobile payments and suggest drivers and barriers for this adoption. We also describe potential mobile payment application areas and identify areas in which mobile payments have the highest and lowest possibility to succeed. The information is based on extensive research conducted among Finnish consumers and merchants. The relevance of the results to other markets also is considered briefly in the discussion section of this chapter.

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