Mobile Technology

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* MBA 408

* Information and E-Business Systems

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* Mobile Payment Technology

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Table of Contents

Introduction……………………………...………………………………………….p.3

Mobile Payment Systems……………………………………………………………p.3

The Standards War…………………...……………………………………………..p.4

Limitations & Ethical Issues……….....……………………………………………...p.6

Recommendations & Conclusion…...........…………………………………………p.7

References…………………………………………………………………………...p.7

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Introduction

The advent of mobile technology has made it very easy for us to complete tasks on the move. These days we are not confined to an office for work, a desk for writing letters or a bank for transferring money, these are tasks that are increasingly being carried out wherever we may be.

Mobile technology is the current phase of the technology boom. With time becoming the scarcest of all our commodities, people are continuously looking for more time-efficient ways of doing things. Be it sending an email, checking a map, engaging in social networking, monitoring a portfolio or making a payment, more and more people are relying on mobile technology to complete these day-to-day tasks.

The term ‘mobile technology’ comprises the following pieces of hardware: laptop computers, palmtop computers or personal digital assistants (PDAs), mobile phones and 'smart phones', global positioning system (GPS) devices and wireless debit/credit card payment terminals. Mobile technology is constant, instantaneous and spontaneous and...