Payment Articles

Mobile Payment - What is it, Types & How to Use Them?

Shirjeel Yunus

Updated on 14-Oct-2024 655 Views

What is Mobile Payment? Mobile payment is a type of payment which customers use to pay money when they go to purchase products or services. The devices that customers use for making payments are tablets and smartphones. There are many payment apps which can be installed on the mobile. Many banks have also adopted mobile payment technology and have launched many banking apps which customers can use to send and receive money. Types of Mobile Payment Mobile payment is of different types and we will discuss them in detail − 1. Mobile Wallets Mobile wallets are digital apps which can ...