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Business of Information Technology  >  Business Processes  >  eCommerce  >  mCommerce  >  

Mobile Payments

-- 2 Vendor Reports | 1 Product

ALSO CALLED: Micropayments, Wireless Payments, mPayments, Proximity Payments, and m-Payments
DEFINITION: M-payment (mobile payment) is a point-of-sale payment made through a mobile device, such as a cellular telephone, a smartphone, or a personal digital assistant (PDA). Using m-payment, a person with a wireless device could pay for items in a store or settle a restaurant bill without interacting with any staff member. So, for example, if a restaurant  … 
Definition continues below.
Recent Vendor Reports on Mobile Payments
Valista PaymentsPlus™
sponsored by Valista
DATA SHEET:   Posted: 09 May 2004 | Published: 01 May 2004
SUMMARY:Valista PaymentsPlus is a carriergrade premium services platform that allows enterprises such as mobile operators, ISPs, fixed line telcos, and financial institutions to build a profitable end-to-end business around selling premium services.

View This Now
TOPICS:  Mobile Payments | Payment Processing
Valista PaymentsPlus™: the Premier Payments Platform for Premium Services
sponsored by Valista
BROCHURE:   Posted: 09 May 2004 | Published: 01 May 2004
SUMMARY:Valista PaymentsPlus is a carrier-grade premium services solution platform that allows enterprises such as mobile operators, ISPs, fixed line telcos, and financial institutions, to easily build a profitable business around sell premium services.

View This Now
TOPICS:  Mobile Payments | Payment Processing
 
MOBILE PAYMENTS DEFINITION (continued): …  patron wanted to pay quickly and leave the restaurant on time to get to an appointment, the bill could be paid directly from the table - without waiting for a server to bring the check. The patron would simply connect to the cash register with a wireless device, punch in the table number and bank personal identification number (PIN), and authorize payment. According to Orange Mobile Payment (a Danish company), the entire transaction should take no more than 10 seconds.

The earliest m-payment trials were based on the wide area network (WAN) used for cellular phones. … 
Mobile Payments definition sponsored by SearchMobileComputing.com, powered by WhatIs.com an online computer dictionary

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