make a payment

M-payment is the name given to a real-time payment that is made by using a mobile device. It was formally known as a mobile payment, the m-payment involves submitting an electronic remittance for an outstanding bill. The means of making an m-payment are cell phones, smart phones, and personal digital assistants.

Wide area networks

By the creation of wide area networks the earliest generation of the m-payment was made possible. These wide area networks would use the Internet in order to connect the customer with the vendor. In early days in order to make a payment, normally a charge has to be paid by the customer to the service provider before using handheld devices to submit the payment.

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Tagged as: credit card, credit card companies, M-payment, make a payment, mobile device, mobile payments, real-time payment, technology

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