Home > Terms > English, UK (UE) > Mobile payment
Mobile payment
Mobile payment is an alternative payment method that allows people to pay for purchases with their mobile phones instead cash, check, or credit cards. Also referred to as mobile money, mobile payment is said to make the traditional paper cash less useful and may eventually replace it entirely. There are many ways mobile phones can be used to pay for a purchase. These include SMS based transactions, direct mobile billing, contactless NFC or near field communication.
This is auto-generated content. You can help to improve it.
0
0
Improve it
- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Economy; Online services
- Category: Ecommerce
- Company:
- Product:
- Acronym-Abbreviation:
Other Languages:
Member comments
Terms in the News
Featured Terms
World Youth Day
World Youth Day is a religious event that is celebrated every three years. Open to youths from all around the world, World Youth Day aims to connect ...
Contributor
Featured blossaries
rufaro9102
0
Terms
41
Blossaries
4
Followers
Zimbabwean Presidential Candidates 2013
Category: Politics 1 5 Terms
marija.horvat
0
Terms
21
Blossaries
2
Followers
The worst epidemics in history
Category: Health 1 20 Terms
Browers Terms By Category
- Industrial automation(1051)
Automation(1051) Terms
- Algorithms & data structures(1125)
- Cryptography(11)
Computer science(1136) Terms
- General astrology(655)
- Zodiac(168)
- Natal astrology(27)
Astrology(850) Terms
- SAT vocabulary(5103)
- Colleges & universities(425)
- Teaching(386)
- General education(351)
- Higher education(285)
- Knowledge(126)
Education(6837) Terms
- Health insurance(1657)
- Medicare & Medicaid(969)
- Life insurance(359)
- General insurance(50)
- Commercial insurance(4)
- Travel insurance(1)