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Impact Of Near Field Communication And Risks In Mobile Payment System Pdf

impact of near field communication and risks in mobile payment system pdf

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Published: 03.05.2021

The authors cooperated with a contactless payment service provider in Finland and reached out to 22, customers, resulting in 1, usable responses.

Business Transaction Privacy and Security Issues in Near Field Communication

Skip to Main Content. A not-for-profit organization, IEEE is the world's largest technical professional organization dedicated to advancing technology for the benefit of humanity. Use of this web site signifies your agreement to the terms and conditions. Understanding the usage of mobile payment systems- The impact of personality on the continuance usage Abstract: Payment convenience has benefited from the revolution in mobile technologies. M-payment users, however, seem inconsistent in their payment activity, resisting change from traditional payment methods.

Near Field Communication is a wireless technology to establish a connection between device to device and device to tag. This is technically named as active communication and passive communication. This wireless communication is to create set of networking protocol between smart devices. This is short name of Secure Element Identifier. The advantage of NFC device is contact less business payment transaction. The modern world all the business transaction is deal with digital currency.

Donald L. The growth of mobile commerce, or the purchase of services or goods using mobile technology, heavily depends on the availability, reliability, and acceptance of mobile wallet systems. Although several researchers have attempted to create models on the acceptance of such mobile payment systems, no single comprehensive framework has yet emerged. Based upon a broad literature review of mobile technology adoption, a comprehensive model integrating eleven key consumer-related variables affecting the adoption of mobile payment systems is proposed. This model, based on established theoretical underpinnings originally established in the technology acceptance literature, extends existing frameworks by including attractiveness of alternatives and by proposing relationships between the key constructs. Japan is at the forefront of such technology and a number of domestic companies have been effectively developing and marketing mobile wallets for some time.

Examining consumers’ usage intention of contactless payment systems

What explains the huge gap between adoption of these mobile payment services in the two countries? Based on our their experience in the financial services industry and work with platform companies, the authors identified two key strategic drivers for successful platform adoption: 1 Create value for all parties, not just the consumer, and 2 Monetize the ecosystem , not just the product. Even before Covid, mobile payment platforms were experiencing a boom in the U. Apple Pay U. Though both platforms are growing, Alipay is outperforming its U.


Near Field Communication has the core RFID technology, and it is able identifying economic activities, risks, opportunities and innovations (Mobile Contactless Payment Application Service Provider) and other relevant Agenda, recognized the existing impact of the NFC technology payment system.


The impact of risk on the technological acceptance of mobile payment services

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The Near Field Communication NFC is a set of standards for mobile devices designed to establish radio communication with each other by being touched together or brought within a short distance. The NFC standard regulates a radio technology that allows two devices to communicate when they are in close proximity, usually no more than a few centimeters, allowing the secure exchange of information. The coverage of various ISO standards ensures for NFC technology the global interoperability that makes the technology usable in different areas.

Although social networks and mobile-related technology are widely accepted by society, mobile payment is not among the most widely used mobile services.

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Why Hasn’t Apple Pay Replicated Alipay’s Success?

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1 Comments

  1. Esperanza S.

    03.05.2021 at 17:21
    Reply

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