promote the use of mobile payment This example is for discussion, not used as a model of good report Table of Contents 1 Title 1 2 Aim 1 3 Objectives 1 4 Background 2 5 Critical review of relevant literature 3 5.1. Basic Mobile Payment Types 3 5.1.1. Mobile Fees Account Payment 3 5.1.2. Bank Card Mobile Payment 3 5.1.3. Token based Mobile Payment 4 5.2. Mobile payment choice 5 5.3. Factors that influence mobile payment 5 5.3.1. Stability of mobile network facilities
acceptance of mobile payments - A system dynamics approach 1. Introduction With the rapid growth of the mobile handset market and market penetration of mobile internet, the mobile payment industry has started to take off. While there are lots of established players in the online payments arena, the mobile payments sector is ripe for disruption both by industry leaders and newcomers. Mobile payments have been suggested as a solution to facilitate micropayments in electronic and mobile commerce, and
Research Details and Analysis To answer my main question “Will mobile payments replace credit cards?”, I have conducted an online survey as part of the primary research. I received 92 responses from the survey. A 2009 study by Deloitte predicts that by the end of 2015, seventy percent of mobile payment users will be under the age of 40 and that the annual spend of these Millennials (also referred to as Generation Y) will reach $2.45 trillion dollars in the US alone.(Dennehy D, Sammon D, 2015). So
and to codes of conduct? What are Kohlberg’s Six Stages of Moral Development and how does that relate to ethics in MIS? Ethics is defined as the branch of philosophy that involves organizing, defending and endorsing the concepts of right and wrong behavior. Several factors contribute to the formation of ethical values of an individual including family and peer influences, personal moral values, life experiences, and situational factors. Changing someone’s ethical beliefs is a challenging task as a
Factors inhibiting consumers from using mobile banking applications in Egypt Introduction: The banking industry has seen an unprecedented growth, and the reason for this is due to the technological developments that provide many new platforms for traditional banking services (Sohail and Shaikh,2008) . Mobile banking applications consider the latest edition to get the financial transactions through Smartphone. Researchers define mobile banking as an application that enables bank customers to access
capability of the organizations under headings – Political, Economic, Social, Technological and Legal. Political:-These factors include all legal and the government matters that could influence the decision making of any organization. BSNL is also not escaped from these factors, some of these are: • Rules & Regulations imposed by the government • Limitations over the decisions for development in infrastructure • Interference of government in decision making • Safety hazardous issues raised by NGOs. • Political
Aijaz ,Shaikh & Karjaluoto (2014) carried out a literature review on mobile banking adoption. In their research report journal they acknowledged that e-commerce continues to play a significant role in the international business environment. They further stated that technologies and applications now focus more on mobile commerce, mobile computing among others. Consequently, mobile banking has been considered an instrumental channel of distribution and therefore research focus on its adoption. By the
Challenges for Mobile banking services Mobile banking is also popularly known as SMS banking or M-banking. It is the latest development in the banking sector that enables us to conduct banking transactions by using the mobile phone. Mobile phones are no longer a communication device, but can be used for several other purposes including executing business operations. After internet banking, it has added another dimension to banking by enabling any kind of banking transactions like payments, balance inquiry
Global Smartphone industry Introduction The mobile phone industry is a very innovative segment within the ICT sector and the smartphone is becoming the standard configuration among the different types of mobile devices which is face and Serving the nationals in the world, where people could easily to buy one as the price between $20 and $1000 in any phone stores nowadays. Since the first touch-screen smart phone invented in the world which is call “Simon” launch by the IBM company in 1993, intelligent
This is efficiently accomplished via an existing device, without the need to load an extra smart card. Various software platforms for mobile phones and other devices will allow consumers to use the Web through their handhelds as easily as they do through their computers. It is anticipated that this will spur rapid demand for mobile-banking services over the next decade. Other technology is poised to affect the distribution of retail banking services. For instance, growing broadband