Mobile Payments

Mobile payments refer to the process of making financial transactions using a mobile device, such as a smartphone or tablet. This technology allows users to conveniently and securely pay for goods and services, transfer money, or make online purchases without the need for physical cash or credit cards. Mobile payment methods can include mobile wallets, contactless payments, peer-to-peer transfers, and in-app purchases. With the increasing popularity of smartphones and the advancement of secure payment technologies, mobile payments have become a convenient and widely accepted method of conducting financial transactions in today’s digital world.