Mobile payments allow consumers to pay for goods and services using mobile devices like phones and tablets instead of cash, checks, or credit cards. They can be used for both digital and physical purchases as well as sending money to others. There are different types of mobile payment technologies including mobile browser payments, in-app payments, contactless payments, and payments made via digital wallets stored on devices. Digital wallets are software programs that store payment details and allow users to make transactions online or in stores. While convenient, mobile payments also present security challenges around hardware, software, user habits, and fraud that must be addressed.

1. Mobile Payments

2. MOBILE PAYMENTS
 A mobile payment is a money payment made for a product or service through a
portable electronic device such as a tablet or cell phone
 Mobile payment generally refer to payment services operated under financial
regulation and performed from or via a mobile device.
 Instead of paying with cash, cheque, or credit cards, a consumer can use a
mobile to pay for a wide range of services and digital or hard goods.
 Mobile payment technology can also be used to send money to friends or family
members, business partners.

3. CONTENT
 Wireless Payments
 Digital Wallets
 Security Challenges

4. WIRELESS PAYMENTS
1. Mobile browser-based payments
2. In-app mobile payments
3. Mobile or wireless credit card readers
4. Contactless mobile payments

5. DIGITAL WALLETS
 A digital wallet also known as "e-Wallet" is an online service,
or software program that allows one party to make electronic
transactions with another party bartering digital currency
units for goods and services.
 It allow users to store funds, make transactions, and track
payment histories by computer. These pieces of software
may be included in a bank's mobile app, or as a payments
platform like PayPal or Alipay.
 Examples : PayPal, Google Pay, Apple Pay, Phone Pe……
etc.

6. DIGITAL WALLETS

7. SECURITY CHALLENGES
Here are four security concerns with mobile payments :
 Multiple Hardware and Software
 Malicious App Clones
 Bad User Habits
 Mobile Fraud Tactics and Habits

8. K.P. Vidya Sagar
1813033