Mobile Pament Explore

With the rapid development of mobile technology and the growth of mobile Phone penetration, people are changing their way of living. With the mobile communication changing from the speech service to digital service, kinds of motion increment services emerge one after another incessantly and mobile payment is a luminescent spot.This article combines the Induction and deduction. Firstly it defines the definition, introduces the realization Process and classifies the services. This dissertation defines mobile payment as the process of two parties exchanging financial value using a mobile device in return for goods, services or paying the fees. A mobile device defines a wireless communication device, mobile phones tools, For the purpose of the dissertation it means mobile phones for the sake of simplification.Comparing with the traditional payments, mobile payment may not only bring the new feeling to the consumers, but also has the advantage of convenient payment, low transaction time cost and the adjustment industry chain. However the mobile payment can't replace the traditional payments in any term and it are the supplement of function and the enhancement of the traditional payments.The industrial chain of mobile payment is composed of financial Institutions, payment card organizations, hardware and software technology vendors, network operators, merchants, content providers, and wireless device manufacturers. The relations between the various members are quite complex and the market competition is extremely intense. And the service of the mobile payment can keep healthy development and the members in the chain can win all together only by the establishment and perfecting the industrial chain unceasingly. According to leadership of the industrial chain, the mobile payment can be divided into three kinds:the mobile operators as the main body, the banks as the main body and the third mobile platform party as the main body.The dissertation finally proposed that mobile payment must solve the problem of security, interoperability, and usability and breach the bottleneck to obtain a better development. Therefore the author makes some own suggestions on the finance institutes, the mobile operators and the third party.Although at present mobile payment is at the start stage, but the point of view believed that mobile payment will become the mainstream payment like coin payment and bank card payment so long as the members of the entire industrial chain work of one mind.