Payment Mechanisms ..of Things !
Hybrid collaboration services like Payments using Mobile, In-store or Web allow a strong national reach of transactions. Mobile network operators offer the same where MS enables mobile money to transact even over NFC & Rf Id systems. These mechanisms though disruptive are new fresh and innovative methods of doing the same barter style transaction. The newer payment methods are effectively digital representations of transactions. It allows speedy transactions at a convenience pace. The lack of brick or retail outlets do not stop the digital transactions and so not only encourages casual spending but also greater use of mobile networks. In an instant, the transfer of money can be person to person. The mobile wallet allows a seamless integration method that further fuels value add transactions…