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Mobile Payment

Overview[1]#

Mobile payment is a Payment Transaction via a mobile device generally refer to payment services operated under financial regulation and performed from or via a mobile device.

Other terms often referred to as mobile money, mobile money transfer, and Mobile-Digital Wallets.

Instead of Payment Transactions with cash, check, or credit cards, a consumer can use a mobile phone to pay for a wide range of services and digital or hard goods.

Although the concept of using non-coin-based currency systems has a long history, it is only recently that the technology to support such systems has become widely available.

More Information#

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