Essay --

E-wallethttp//articles.economictimes.indiatimes.com/2013-06-14/ give-and-take/39976342_1_e-wallet-facility-airtel-money-flipkart Can e-wallet be used for retail consummations?Telecom companies suck in already started use e-wallet. For special recharges, you can pay by development your current mobile balance.Mobile PaymentsIntroductionA mobile defrayal can be defined as the purchase of a incr exempt or service by utilise mobile call back in the defrayal process. This does not include related mobile financial service such as mobile banking and C2C transfers.According to a report of earnings and Mobile Association of India (IAMAI)and market research firm IMRB international, mobile lucre users be going to cross 155 million mark in India by the end of March 2014 which marks growth of about 20 percent quarter-on-quarter. The incr relaxation of e-commerce along with the availability and convenience of profits with with(predicate) high end smart calls has increased the via bility of mobile salarys in the young years. The mobile payment industry Already 80% of the mobile phone users hand over access to the mobile internet and most of them are development them for performing commercial and financial exercises in a musical mode similar to PC-based internet connectivity.Customers acceptance of mobile payments procedures in the first place depends on Cost includes buying of a new mobile phone, flat transaction costs, fixed usage costs and the cost of the merchant (e.g., desegregation payment solution into the existing IT infrastructure)Security includes authenticity, integrity, confidentiality, non-repudiation of transactions besides unobjective security in the perception of customerConvenience includes comfort and ease of useMobile payment market segmentationMobile payment market ... ... billing is capped at US$50 per referee per month thereby limiting its use and reducing average transaction value.3. Payment acceptanceThis is primarily a merchant-focussed payment solution. Instead of utilise mobile handsets for payments, smartphone applications and other accessories are used to enable customers and merchants to accept payments. Here, smartphone or a tablet becomes the POS terminal. Most of these are magnetic stripe readers that are plugged to the audio jack of the smartphone/tablet. These are primarily targeted at dinky and Medium (SMBs) scale business merchants. PayPal, VeriFone, Intuit and Square are the study players in this segment.Payment acceptance market is the most dynamically ontogenesis space in the short term. Consumers benefit from the ease and convenience of qualification card payments with the availability of this medium at multiple locations. Essay -- E-wallethttp//articles.economictimes.indiatimes.com/2013-06-14/ intelligence information/39976342_1_e-wallet-facility-airtel-money-flipkart Can e-wallet be used for retail transactions?Telecom companies have already started using e- wallet. For special recharges, you can pay by using your current mobile balance.Mobile PaymentsIntroductionA mobile payment can be defined as the purchase of a increase or service by using mobile phone in the payment process. This does not include related mobile financial function such as mobile banking and C2C transfers.According to a report of cyberspace and Mobile Association of India (IAMAI)and market research firm IMRB international, mobile internet users are going to cross 155 million mark in India by the end of March 2014 which marks growth of about 20 percent quarter-on-quarter. The growing of e-commerce along with the availability and convenience of internet through high end smart phones has increased the viability of mobile payments in the juvenile years. The mobile payment industry Already 80% of the mobile phone users have access to the mobile internet and most of them are using them for performing commercial and financial transactions in a look similar to PC-based internet connectivity.Customers acceptance of mobile payments procedures mainly depends on Cost includes buying of a new mobile phone, acquit transaction costs, fixed usage costs and the cost of the merchant (e.g., compound payment solution into the existing IT infrastructure)Security includes authenticity, integrity, confidentiality, non-repudiation of transactions besides ingrained security in the perception of customerConvenience includes comfort and ease of useMobile payment market segmentationMobile payment market ... ... billing is capped at US$50 per subscriber per month thereby limiting its use and reducing average transaction value.3. Payment acceptanceThis is primarily a merchant-focussed payment solution. Instead of using mobile handsets for payments, smartphone applications and other accessories are used to enable customers and merchants to accept payments. Here, smartphone or a tablet becomes the POS terminal. Most of these are magnetic stripe readers that are plugged to the audio jack of the smartphone/tablet. These are mainly targeted at broken and Medium (SMBs) scale business merchants. PayPal, VeriFone, Intuit and Square are the major(ip) players in this segment.Payment acceptance market is the most dynamically growing space in the short term. Consumers benefit from the ease and convenience of do card payments with the availability of this medium at multiple locations.