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Mobile payments is a mode of payment using mobile phones. Instead of using methods like cash, cheque, and credit card, a customer can use a mobile phone to transfer money or to pay for goods and services.
The payment could be deducted from a pre-paid account or charged to a mobile or bank account directly. Mobile payment method via NFC faces significant challenges for wide and fast adoption, due to lack of supporting infrastructure, complex ecosystem of stakeholders, and standards. [25] Some phone manufacturers and banks, however, are enthusiastic.
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 accessed or consumed.
Electronic bill payment is a feature of online, mobile and telephone banking, similar in its effect to a giro, allowing a customer of a financial institution to transfer money from their transaction or credit card account to a creditor or vendor such as a public utility, department store or an individual to be credited against a specific account.
NPCI Bharat BillPay Limited (NBBL) doing business as Bharat Connect, and formerly named Bharat Bill Payment System (BBPS) [1] is an integrated bill payment system in India offering interoperable and accessible bill payment service to customers through a network of agents of registered members as Agent Institutions (AI), enabling multiple payment modes, and providing instant confirmation of ...
A Prepaid Call (or even Calling Card) is actually established through two calls. The first is either through an 800 Toll Free Number, or some come from the big telephone companies that have available international toll free numbers, or many offer calling through a local phone number, usually printed on the back that offer cheaper rates, but the ...
Mobily (Arabic: موبايلي) is a Saudi Arabian telecommunications services company that offers fixed line, mobile telephony, and Internet services The company was established in 2004, and, in the summer of that year, won the bid for Saudi Arabia's second GSM licence.
Prepaid mobile phone, mobile phone use; Prepayment for service, e.g. phone calls, electricity; Prepayment of loan, repaying a loan ahead of schedule;