M-commerce: types of mobile wallets

With m-commerce growing, the use of innovative solutions such as mobile wallets is increasing as well. These payment solutions, which allow you to utilise your smartphone to purchase products, are extremely convenient. There are different types of technologies that enable these services. For instance, there is mobile-based billing. This allows shoppers to process settlements via their mobile operator who will add charges to their phone bill. Financial transactions can also be completed through text messages, which is simple, safe and quick.



There are different types of mobile wallets © Royalty-free image

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