The mobile phone can now be used as a payment instrument to purchase goods and services. Several factors have supported this use of mobile phones. Firstly, the mobile phone has a market penetration close to 100 per cent. Secondly, technological developments have enabled new payment services to...

As a function of the digitized world that we live in and the idea about a cashless society, we have experienced how the phenomenon mobile payments has grown in recent years. The work carried out in order to create electronic payment systems for implementation in situations where cash typically...