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What is m-Payment (Mobile Payment)?

April 26, 2017m-payment mobile payment

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What is m-Payment (Mobile Payment)?

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Mobile Payments is a new and easy way to perform financial and banking transactions (online payments, money transfers, payment of bills, etc…), instantly, anytime, anywhere from your mobile phone. m-Payment also functions as a point-of-sale payment (POS) allowing the user to use a mobile phone or a personal digital assistant (PDA) instead of cash or a credit card. Using m-Payment, a user with a wireless device can pay for items or services online, in a store or a restaurant without having to interact with an employee.