The Mobile Payments Landscape and Its Opportunities
THE MOBILE PAYMENTS LANDSCAPE AND ITS OPPORTUNITIES ... register by making a one-off payment, after which they can simply log in by texting a ‘payment word’ or code to a designated number. The user doesn’t need to have any funds in reserve or pay any extra costs. The transacted amount is automatically withdrawn from their (bank) account. Proximity payment requires the mobile phone to … ................
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