Applicability: telephony systems : To take one example, the T-Pay system of Deutsche Telekom provides different payment possibilities for consumers: Internet payments can be undertaken by charging the phone bill or by phoning a special number; additionally it is possible to pay by credit card or debit card and with MicroMoney, an electronic money card that allows anonymous payments. With this business approach the telephony account system widens potential applicability provided that it receives wide merchant adoption. Ease to obtain. The ease of obtaining mobile payment systems differs. Ringtones or online games can often be downloaded and paid for via premium SMS or premium call. However consumers may not know how to use mobile phones for online payments, and easy processes and detailed explanations may be important for widespread adoption. For specialised payment services that are separate from the mobile operator ( e.g. Paybox), prior registration is necessary. Cost. Costs differ across telecommunication service providers and systems. Mobile payment options are still emerging so current cost structures are not good indicators of actual prices especially as scale economies are likely with further developments. Security. Security characteristics differ across services. As a general aspect for mobile phones, they offer additional possibilities for customer authentication, specifically SIM and PIN. For specialised payment services, security is assured via multiple measures; a personal PIN, the phone number and the mobile phone ( i.e. the SIM card) itself ´ are all necessary for payment. Furthermore, the connection between the handset and the base transceiver station (BTS) is encrypted. Anonymity. Payment takes place either via the telephony or another account. Storing and tracing consumer information and spending is thus possible. Mobile phones with pre-paid accounts may offer greater anonymity. However, in many countries users are required to register to use pre-paid accounts.
DSTI/ICCP/IE(2004)18/REV1 23 Payment via online banking Use of e-banking for online payments is not widespread across OECD countries. However, for three EU countries (Finland, Portugal and the Netherlands) online banking payment appears to be important according to their Web site availability (see Figure 6) and it appears to be growing in availability and use in Northern Europe particularly. A number of Electronic Bill Presentment and Payment (EBPP) systems are available; examples are Nordea Solo (Finland) and Telecast (France). However, apart from adoption in Nordic countries, in most countries they are only marginally used. E-banking enjoys widespread use in the United States, in particular among early adopters of the Internet and online services. A number of online payment systems have been developed in Europe, especially where offline bank transfers are already well established. The most common and easy to use include: online banking transfers where the account holder is redirected to the bank²s Web site by the merchant site to effect payment. Other
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- Summer '09
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