mobile payments

Digital wallet purchases

Mobile payments are financial transactions conducted through a smartphone or other portable device rather than cash, check, or physical card.

The term covers tap-to-pay at checkout using services like Apple Pay, peer-to-peer transfers through apps like Venmo, and online purchases completed on a phone: Mobile payments have made splitting the dinner bill effortless.

Opposites
payment medium/technology

mobile paymentscash

Ready spending funds

paper money · coins · checks · cash transactions · banknotes

transaction modernity

mobile paymentsbarter

Direct goods-for-goods exchange

direct exchange · cowrie shells

Family

mobile, payments

Familiarity
Top 200,000
Profile
Known to kids · Used worldwide · Everyday, not technical · Rated G