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M-PESA(Mfor mobile, PESAis Swahilifor money) is a mobile phone-based money transfer service, payments and micro-financingservice, launched in 2007 by Vodafoneand Safaricom, the largest mobile network operator in Kenya.[1] It has since expanded to Tanzania, Mozambique, DRC, Lesotho, Ghana, Egypt, Afghanistan, South Africaand Ethiopia.
If your card number has changed, you must add a new card. 1. Sign in to your My Account page. 2. Click My Wallet. 3. Click Payment Methods. 4. Click Add Credit or Debit Card. 5. Enter the new info. 6. Click Submit.
WAP billing is a mechanism for consumers to buy content from Wireless Application Protocol (WAP) sites that is charged directly to their mobile phone bill. It is an alternative payment mechanism to debit or credit cards and premium SMS for billing. [1] [2] Using WAP billing, consumers can buy mobile content without registering for a service or ...
e. Mobile payment, also referred to as mobile money, mobile money transferand mobile wallet, is any of various paymentprocessing services operated under financial regulationsand performed from or via a mobile device. Instead of paying with cash, cheque, or credit card, a consumer can use a payment appon a mobile device to pay for a wide range ...
Prepaid mobile phone. A prepaid mobile device, also known as a pay-as-you-go ( PAYG ), pay-as-you-talk, pay and go, go-phone, prepay, or burner phone, is a mobile device such as a phone for which credit is purchased in advance of service use. The purchased credit is used to pay for telecommunications services at the point the service is ...
In March 2007, Safaricom, which is part owned by Vodafone and the leading mobile communication provider in Kenya, launched mobile payment software developed by Vodafone. [211] By February 2008, the M-PESA money transfer system in Kenya had gained 1.6 million customers. [212]
Contactless payment systems are credit cards and debit cards, key fobs, smart cards, or other devices, including smartphones and other mobile devices, that use radio-frequency identification (RFID) or near-field communication (NFC) for making secure payments. The embedded integrated circuit chip and antenna enable consumers to wave their card ...
In-app purchases can be used to buy virtual goods, new and other mobile content and is ultimately billed by mobile carriers rather than the app stores themselves. [14] Ericsson's IPX mobile commerce system is used by 120 mobile carriers to offer payment options such as try-before-you-buy, rentals and subscriptions.