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Mobile Payments

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by

Tawana Martin

on 8 August 2013

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Transcript of Mobile Payments


Mobile Payments
Questions?
Agenda
Background
Applications
Advantages
Disadvantages
Security tips
Q&A
Paypal Here

'
presented by A+Team
Applications
What is it?
a mobile payment solution

card reader for your iPhone, Android or iPad device.

simply and securely accept multiple forms of payment anytime, anywhere

Swiped and PayPal payments are transferred into your PayPal account quickly.


Fangqian Jin
Kang Tian
Tawana Martin
Shuting Chen

Disadvantages

3, Mobile Payment Platforms
This is basically the “everything else mobile payment”

4, Direct Carrier Billing
Here, basically you tell merchants to “put it on your bill.”

1, Mobile At The Point Of Sale(POS)
This is basically what the media refers to as “the mobile wallet”.

1, Mobile At The Point Of Sale(POS)
This is basically what the media refers to as “the mobile wallet”.

2, Mobile As The Point Of Sale
It means every smartphone is a cash register
3, Mobile Payment Platforms
This is basically the “everything else mobile payment”
4, Direct Carrier Billing
Here, basically you tell merchants to “put it on your bill.”
5, Closed Loop Mobile Payments
You could think of this as the return of the store credit card, but this time, it's mobile.
Mobile payment, generally refers to payment service operated under financial regulation and performed from or via a mobile device

Security
Tips:
communication with each other by touching them or near them
no more than a few inches.
contactless transactions, data exchange. etc.
Safe to use.

NFC (Near Field Communication)

Installing security software on the phone.
Have a PIN on your phone
Download App from Trustworthy sources
Reconcile statement regularly
Send data over a secure Internet connection
Check Mobile Websites for HTTPS
ADVANTAGES

Security
Payment System Collision
Speed & Convenience
Flexible Payment Arrangement
24x7 Device Access
Avail Special Perks
Full transcript