Mobile payment-is the key to collaboration.

In theory the concept of pay phones has high's is a strong business case, specify the rate of market penetration, mobile phones and PDAs and other mobile devices? in many parts of the world, s. In addition, to use these devices with mobile operators to pay for the financial institutions, customers turn to envision how attractive. You can get the convenience of purchasing goods and services anywhere from users on the consumer side, benefit.

As a rule, can be used for mobile devices, POS (point of sale) tools. Consider this concept as acting as a payment means cash, cheque, credit card, debit card, to supplement the trusted mobile devices cell phone companies and financial institutions to payment devices on the consumer, the next step.

Do you engaged to merchants today, financial institutions wireless POS features turn consumers and competing in it? Mobile phone. In the world have accepted payments from a wireless POS terminal merchant in the number of new services has been introduced. These can provide upon delivery of consumer goods and services accept courier service presents, and wireless POS terminals, for example, the merchants payment? location of s.

Wireless POS terminal uses the mobile phone operator's network to send payment instructions to merchant acquirer? s payment server. Therefore, as an extension of wireless POS, traditional payment services are classified. In most areas of some of the world everyone is now owns mobile phone offers, most merchant location as point of sale terminals, payment mobile devices a big part of the retail market, at least is idea.

Implementation of wireless POS for current payments infrastructure enhancements, user still credit card or debit card using to purchase the product. Convenience that is associated with the current wireless POS method will be brought to the place of purchase of these terminals actually. For example, in the restaurant environment, debit cards through a bill from your user's desk and the pay food being delivered to the front door.

Require service does not enable services using mobile devices, card readers, PC and modem combination or merchant? s wired POS terminal. Padding can be used to provide secure and store information for mobile devices today, the authentication and identification, chip.

The need for interoperability

However, access to the majority of mobile users of these services may need to expand services to payment service providers of interoperability. Number of mobile payment pilot implementation is enabled mobile devices for more uses as a payment option, some fully mobile payment services such as PayPal, PayBox, and MovilPago. Date, we do? ve discovered key successful mobile payment service offering advantages and end users and end-user customers: convenience, security, and some important elements are free.

But have a long way to go before becoming a consumer industry mobile device? s payment instruments of viable mobile payments infrastructure is to ensure the stability of collaboration selection keys.

Tried with little success, both mobile operators and financial institutions to implement their individual pilot projects. Both parties, many problems occurred. Mobile phone operator, for example, existing customers a broad know-how were more likely to understand such a request, to provide mobile payment services to candidates. But am having problems associated with the collaboration of many providers are required to achieve interoperability and risk management. Monetary and economic studies is on the other hand, face a limited number of users and high infrastructure costs. To resolve these problems, has started working together to provide mobile operators and financial institutions jointly mobile payment services to customers. For example, Telfort, providing mobile access users to the Netherlands has partnered with leading Netherlands Netherlands language direct bank ING Postbank's number three mobile phone carrier, Bank? Telfort link s retail applications and the user's bank account? prepaid service account's top recharging capability. In this case, are utilizing symbiotic in nature of these two entities is the right direction is a great step.

(Acquisitions, issuer, merchant and consumer) in order to pay with a credit card to make payments via the mobile device required four entities are now five (mobile operators, retrieve, issuers, merchants and consumers)'s. As a result, a great business model mobile phone business, will include financial institutions, technology suppliers, standardization of the industry associations to create a sustained success is a powerful mobile payments infrastructure implementation of cooperation.

To name a few, yet limited functionality of similarly lack of standards, many problems, such as the current generation of network preventing efforts still be carried out by these industry players. In addition, questions about earning a successful business model will also remain.

Conclusion

As described above, penetration rates of mobile phones and PDAs is higher, and is showing exponential growth with the increase in consumer adoption ever been expected, did. Therefore, industrial sectors, the business side around should be centered. Mobile operator services impossible or a financial institution to compete is a role model for their own now that interoperability is excludes. To implement cooperation mobile payment services of mobile operators and financial institutions must be married to consumers? s bank account, my mobile phone subscription. Do not look at providing payment services to drive competitive advantage, mobile ec deployment success need existed.

See some including creating a design to tackle another problem associated with the mobile industry trade associations today held a variety of initiatives. Starting in the progress of these activities great mobile phone operators and financial institutions together new payment service deployment. Used, for example, that has been introduced in some markets the first real commercial mobile payment application. To electronically pay advance wireless account phone banks and mobile operators using channel cooperative banking, Internet banking, ATM, mobile banking, some banks, mobile phone subscribers to enable fully automatic? Do you up it? Experience in using SMS (short message service).

Current instrument of payment is focus on store or open network services platform exists on your mobile device in virtual wallet. Consumer services, financial institutions, mobile operators or service providers, depending on how Service Setup. Do you need to link to registration, consumers? s subscription data, financial information or mobile service offering. Users may see future methods use mobile devices as a way to access their bank accounts whereby mobile operators simply? It's function simply to transport data. You may spread of smart cards for financial institutions.

The hype of the evolution of mobile services and infrastructure and we see concepts of real life mobile phone payment instruments will begin? Anytime, anywhere payment? Soon, mobile phone payment today in our wallets hide payment instruments Exchange, will be part of the consumer lifestyle. It is clear that financial institutions between the mobile phone companies to build a mobile phone that can provide payment and cooperation might be required. It is also clear to provide payment industry logical next step to pay for goods and services to consumers ' mobile devices. Do you the it only true concept? What are the payments anytime, anywhere? Mobile device access? 'There are wireless, how', and as a key to the success of the industry consumer is what they want to give.