MOBILE PAYMENT AND SECURITY

Mobile Payment and Security



Mobile Payment and Security

Introduction

M-payment is already in use in many parts of the world, including Europe and Asia. There are several Payment Service Providers (PSP), but Telco and financial institutions are playing prominent roles in offering the m-payment services. M-payment transaction revenues would increase from US$.

Payment Systems Before the Network Era

It's valuable to look back at where we've been. We understand the advantages and disadvantages of cash, and cheques and direct credits and direct debit arrangements. That includes the security issues and who bears what risks.

Slides 15-16: Then we invented the ...