Analysis of Mobile Payment Influencing Factors

Abstract

With the exponential proliferation of mobile devices in the consumer market, wireless e-business is emerging as a key area to revolutionise industries.In the past few years, industry has witnessed an increase in the adoption of mobile payment and billing methods that leverage on wireless technologies.Yet, the success of mobile payments in businesses much depends on many factors such as, type of wireless technologies used, security options available, the players involved and their influencing m-business models.This paper examines mobile payments in both technical as well as business perspectives.It identifies and analyses the influencing factors from multi-dimensions that would be useful for adopting mobile payments.