Category — mobile payments

Mobile credit card payments, also known as m-payments, are expected to rise in popularity within the next several years. Surprisingly, a lot of people are unaware of this expanding technology, despite the fact that it can make many of our lives much easier.

M-payments are point of sale transactions that can be made between a mobile device and a contactless reader. If you are in a restaurant that supports m-payment, for example, you can settle your bill from your table in seconds. Although m-payment has only been tested in North America on a trial basis, the technology is being readily used in parts of Asia and Europe.

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