How Mobile Payment Is Changing The World
Item
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Title
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How Mobile Payment Is Changing The World
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Creator
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Jin Huang
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Degree Name
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Master of Science in Management and Information Systems
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Project Type
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professional_project
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Date
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3/21/2017
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Abstract
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People prefer to carry a smartphone which is more convenient than physical credit or debit cards in daily life, and mobile payment is the next step for the business world. This paper introduces several payment methods, such as mobile payment, NFC payment, QR-Code payment, and online banking. The paper researches how such payment methods change the trade and finance field, and their advantages and disadvantages. It describes the influences on the different market players. The study also investigates security, user experience, and business experience of mobile payment, to illustrate how the mobile payment replaces traditional payment methods. Finally, the best payment method should combine each of the benefits. Traditional payment methods cannot keep the pace of high-speed fund transactions. Mobile payment has significantly improved people’s payment experience, and it provides new opportunities to promote the develop online shopping, financial institutions, and third-party payment. New developments like E-cash will introduce even more change.
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Committee Member
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David Olson, Scot Morse, Tom Burrell
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Rights
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Western Oregon University Library has determined, as of 6/10/2022, this item is in copyright, which is held by the author. Users may use the item in accordance with copyright limitations and exceptions, including fair use. For other uses, please ask permission from the author at the email address listed above.
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http://rightsstatements.org/vocab/InC/1.0/
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Language
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eng
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Date Available
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6/10/2022
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Type
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Text; Image; StillImage
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Identifier
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theses/124
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