Flexible mobile payment model

Abstract

Mobile Payment is a new technology in world of online shopping. Mobile Payment (M-Payment) is a kind of payment for goods, bills and services with mobile device like Cell Phone, Smart Phone and PDA (Personal Digital Assistant) and uses the advantage of wireless and other technologies. Mobile devices can be used in variety area of payment such music, video, ringtone, transport tickets, books, and magazine. The existence of M-Payment Systems is back to 1997 when the first two mobile phones enabled on Coca Cola vending machine that installed in the Helsinki area in Finland. This project focuses on business to customer (B2C) view of this business and review M-Payment technology. There is lots of different M-Payment method, M-Payment system, Transaction model and M-Payment model. This project focuses on direct-mobile billing (DMB), Mobile Web Payment (WAP) and Short Message Service (SMS). The proposed model named Flexible Model is based on these payment methods. In this study, some questions collected from users to know their needs and their previous experiences in using M-Payment. These answers have been analyzed using SPSS. From this knowledge, the author proposes a payment model which can satisfy all users. The proposed model is tested and some future works are suggested at the end of this study.