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Understanding Mobile Payments

             Pragati Ogal Rai
       Mobile Technology Evangelist
              @pragatiogal
E-Commerce Payment Systems


Consumers/Buyers                             Merchants/Sellers




                     Card Based Networks
                   Clearing House Networks
Remote Mobile Payments
•   SMS
•   Browser Based
•   Application Based
•   Mobile Banking
Proximity Mobile Payments
•   PoS
•   Barcode Scanning
•   NFC
•   Other Technologies
Mobile Payments Business Models

•   Carrier billing
•   SMS
•   Mobile web payments
•   Contactless/NFC
•   Smartphone credit card readers
Pragati Ogal Rai

                    pragati@x.com
                      @pragatiogal
http://pragatiogalrai.blogspot.com
References
• www.paypal.com
• www.ibtimes.com: Mobile Payments 101:’Just
  the Basics’
• www.wikipedia.org
• posterize/FreeDigitalPhotos.net

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Understanding Mobile payments

Editor's Notes

  1. Traditional e-commerce payments explainedCards based paymentsACH based payments
  2. Barcodes are used for two purposes: generating communication for payment and loading prepaid gift cards into wallet.