With electronic payments getting popular day by day, people are asking for payment solutions which can be used when they are on the move and this has triggered companies to come up with mobile payment solutions. Mobile payment solutions are nothing new for developed countries, however, for developing countries like India, this is a completely new domain and slowly mobile service providers, financial institutions and OEM are investing time and money to get this thing popular and up & running in India. Near Field Communications is also driving the adoption of mobile payments and Morphos has come up with KeyFob a device that works with NFC as well as Wi-Fi enabled phones to make mobile payments including the iPhone.
#MWC2011 - Wireless Payments Using iPhone
With electronic payments getting popular day by day, people are asking for payment solutions which can be used when they are on the move and this has triggered companies to come up with mobile payment solutions. Mobile payment solutions are nothing new for developed countries, however, for developing countries like India, this is a completely new domain and slowly mobile service providers, financial institutions and OEM are investing time and money to get this thing popular and up & running in India. Near Field Communications is also driving the adoption of mobile payments and Morphos has come up with KeyFob a device that works with NFC as well as Wi-Fi enabled phones to make mobile payments including the iPhone.
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