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
Industry/Domain: Aerospace Category: Space flight
Space shuttle
A reusable spacecraft with wings developed by the U.S. National Aeronautics and Space Administration (NASA) for human spaceflight missions. The first ...
Contributor
Featured blossaries
Tatevik888
0
Terms
5
Blossaries
0
Followers
Idioms from English Literature
Category: Literature 1 11 Terms
Browers Terms By Category
- Misc restaurant(209)
- Culinary(115)
- Fine dining(63)
- Diners(23)
- Coffehouses(19)
- Cafeterias(12)
Restaurants(470) Terms
- Hand tools(59)
- Garden tools(45)
- General tools(10)
- Construction tools(2)
- Paint brush(1)
Tools(117) Terms
- Meteorology(9063)
- General weather(899)
- Atmospheric chemistry(558)
- Wind(46)
- Clouds(40)
- Storms(37)
Weather(10671) Terms
- General art history(577)
- Visual arts(575)
- Renaissance(22)
Art history(1174) Terms
- Organic chemistry(2762)
- Toxicology(1415)
- General chemistry(1367)
- Inorganic chemistry(1014)
- Atmospheric chemistry(558)
- Analytical chemistry(530)