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[INFOGRAPHIC] Mobile Payment Overview

  • Thomas Oppong
  • Nov 23, 2011
  • 1 minute read

The competition for payment processing services, especially mobile payments has been heating up for sometime now. It is even about to get more intense with the NFC near perfection. There are four primary models for mobile payments: Premium SMS based transactional payments, Direct Mobile Billing, Mobile web payments (WAP)
and Contactless NFC (Near Field Communication). Paypal, Google and Square are all big players in this industry. This infographic shows an overview of mobile payment.

Thomas Oppong

Founder at Alltopstartups and author of Working in The Gig Economy. His work has been featured at Forbes, Business Insider, Entrepreneur, and Inc. Magazine.

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