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
Mars Monolith
Monolith-like boulder on Martian surface. Many amateur astronomers believe it to be a monolith structure created by ancient civilizations or aliens. ...
Contributor
Featured blossaries
Browers Terms By Category
- Aeronautics(5992)
- Air traffic control(1257)
- Airport(1242)
- Aircraft(949)
- Aircraft maintenance(888)
- Powerplant(616)
Aviation(12294) Terms
- Bread(293)
- Cookies(91)
- Pastries(81)
- Cakes(69)
Baked goods(534) Terms
- Project management(431)
- Mergers & acquisitions(316)
- Human resources(287)
- Relocation(217)
- Marketing(207)
- Event planning(177)
Business services(2022) Terms
- Ballroom(285)
- Belly dance(108)
- Cheerleading(101)
- Choreography(79)
- Historical dance(53)
- African-American(50)
Dance(760) Terms
- Rice science(2869)
- Genetic engineering(2618)
- General agriculture(2596)
- Agricultural programs & laws(1482)
- Animal feed(538)
- Dairy science(179)