Tips

What is mobile payment?

Mobile payment usually refers to a new technology that is being tested that puts a software version of your credit card in your cell phone and allows you to pay for things with it.  These payment transactions are called “contactless” payments because they require no physical connection between the cell phone and the checkout payment terminal.  Instead of using a traditional credit or debit card (with a magnetic stripe on the back of it), you bring the cell phone close to the check out terminal (less than four inches) to make the payment without swiping or touching anything.
Rate this tip: 
Views: 
6407
Rate: 
3.833335
  • My comment
  • Comments [0]

Add new comment

To prevent automated spam submissions leave this field empty.
By submitting this form, you accept the Mollom privacy policy.

No comments available


Related content


Focus [2]


If you do not findthe answer you're looking for...

Ask your question