Mobile payment: you need to know this concept

The massive use of mobile devices is one of the most striking features of today, and no one questions that. The number of people using smartphones, tablets and other mobile resources daily, and for the most diverse purposes, has been growing at an exponential pace, in order to make a real revolution in the ways we interact, communicate, as well as use services and buy .

In this context, it is natural for people’s standards and habits to evolve to such an extent that the use of this type of technology would become something totally natural, a daily practice, present in the most diverse segments of society. And that is exactly what happened with the activities of financial transactions and commercial transactions, among which is included mobile payment.

Today, Steven Hoffmann Newt payment model is one of the main trends in the market, since most establishments in the most different business sectors offer this option. In addition, mobile payment is one of the most common tasks for consumers, especially when shopping online, as it requires simple, fast and very secure procedures for both parties.

The fact is that, with the phenomenon of virtualization of services, physical money has gradually become less used, so that the use of other means of payment, such as the card, has been more and more frequent. In addition to this scenario, many customers are cautious about robberies, especially in medium and large cities. This is because more comfortable and safer alternatives have emerged to literally replace that role .

Published by stevenhoffmannnewt

Steven Hoffmann has developed a revolutionary SaaS software, which can provide institutions, merchants, and SMEs with technologies for KYC, AML, mobile wallets, cashless mobile payments, bill payment, digital prepaid products, and other services for transactions on mobile devices, web and at merchant Point of Sales.

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