mobile-payment

Wallet-free digital purchase

Mobile payment is a financial transaction conducted through a smartphone or other portable device rather than cash, check, or physical card.

Users tap their phone at a terminal, scan a code, or send money through an app: I left my wallet at home but made mobile payment at the register.

The technology has largely replaced cash in some countries.

technology

NFC

Close-proximity communication protocol

fingerprint · encryption · smartphone · tap-to-pay · Bluetooth · app · terminal · reader · chip · wireless

transaction

checkout

Payment completion process

confirmation · notification · instant · peer-to-peer · merchant · refund · request · balance · statement · history

platforms

Venmo

Mobile payment service

  • PayPalOnline money transfer platform
  • ZelleBank-linked payment app
  • StripeDigital payment infrastructure company

UPI · Dana

commerce

cashless

Not using physical money

transit · fare · toll · retail · restaurant · market · kiosk · utilities · remittance · donation

security

PIN

Authentication number sequence

tokenization · biometric · fingerprint · CVV · chargeback · dispute · lock · alert · privacy · authentication

Opposites
payment technology

mobile-paymentcash

Ready spending funds

cash payment · paper money · coins · banknotes · hard currency

portability and location

mobile-paymentbank transfer

Electronic movement of money

wire transfer · ATM withdrawal

Family

mobile, payment, mobility, mobilize, mobilization, immobile, immobility, demobilize, demobilization

Familiarity
Top 1,000,000
Profile
Known to kids · Used worldwide · Everyday, not technical · Rated G