Abstract
When addressing the issue of m-payments, it is difficult to come up with a proper definition. The term remains as opaque as ever. As a consequence, “m-payments” refers to very different types of payments that only have in common that the mobile phone is used somewhere in the payment process. The mobile phone is used as:
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a plastic body,
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an identifier (using the SIM),
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a communication channel,
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a computer and
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a payment terminal.
Mobile phones are used for payments in the mobile Internet, they are used for proximity payments at the POS and they are used for P2P payments.
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© 2016 Malte Krueger
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Krueger, M. (2016). Mobile Payments: The Second Wave. In: Górka, J. (eds) Transforming Payment Systems in Europe. Palgrave Macmillan Studies in Banking and Financial Institutions. Palgrave Macmillan, London. https://doi.org/10.1057/9781137541215_7
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