Unformatted text preview: Payments.
Some of these services such as CheckFree consolidate Subscribers
bills from various sources so that they can all be paid at one time. DIGITAL PAYMENT SYSTEMS FOR M-COMMERCE
With a Wi-Fi connection, all types of Electronic Payment Systems can be
used, The fact that connection is with wireless should have no impact . Many M-commerce transactions, however, are small, frequent purchases
for items such as soft drinks, newspapers or mobile games that require
special Micropayment Systems.
Micropayment Systems are working well in Europe and Asia, where
Mobile Operators and Internet Service Providers handle small payments
by adding them up and presenting them on a single bill, such as on the
mobile telephone bill.
e.g. eBay’s PayPall , Mobile Text2Buy Service allows consumers to send
payments to PayPall Mobile Accounts, purchase items from selected
retailers, or denote money to some charities by entering a short text
code into a cell phone.
. DIGITAL PAYMENT SYSTEMS FOR M-COMMERCE
• NTTDoCoMo in Japan offers a cell phone with a Stored Value
Payment System for purchases in designated Stores,
Restaurants and vending machines.
NTTDoCoMo also offers another cell phone with an embedded
Credit Card payment system. Virgin Mobile Phone in England offers a purchase service of
Virgin Cola by dialling a number posted on the Virgin vending
The cost of the drink is charged on the mobile phone bill.
The DIGITAL PAYMENT SYSTEMS FOR M-COMMERCE
DIGITAL Motorola, MasterCard, and Visa are developing Mobile Wallet Services (Digital Wallet Payment Systems) . Micropayment Service Providers run their own unique
Payment systems. A common secure platform for Wireless M-commerce
Payments would help M-commerce to spread rapidly....
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- Spring '11
- web sites, Internet business models