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The literature often distinguishes between micro and macro payments: low and high amounts, sometimes with an intermediate category mini payments. This distinction is based on different requirements that are placed on payments and how these requirements can mobile recharge solution be fulfilled by existing methods of payment. Micro-payments, such as the purchase of a ring tone, require ease and speed. At macro payments contrary, there is more emphasis on issues such as security.

One in based mobile payment method is mobile recharge api free fast and has low transaction costs, a method based on the credit card offers high security for the user, but has relatively high transaction costs. There is no agreement in the literature about the exact border between macro and micro payments. Often micro payments as payments under the minimum amount to which credit card payments can be made profitable, and macro payments and payments above this limit. This limit is estimated around 10 EUR or 10 USD (Lackland et al., 1999) (Juniper, 2006).

One speaks of local mobile payment if there is a physical presence of the product or service that is paid. This is also called counter payment (point-of-sale (POS) payment). Of remote mobile payment occurs when the product or service is not physically present: remote payment. Sometimes a third category, content payments, distinguished.

This group includes payments for digital content where physical presence is not applicable. mobile recharge api free When not distinguish this category, this group falls within the category of remote payments incidentally payments. Mobile pay competes in many cases with current payment methods, mobile payments will indeed, in many cases replacing current payment methods. Mobile point-of-sale payment methods example themselves should in some way distinguished from existing (non-mobile) point-of-sale payment methods such as cash, chip, PIN and credit card payments.

Only for content payments, there is less competition with other methods, here is the mobile phone which the content is purchased and delivered, the natural currency (Money Forum, mobile recharge solution 2003) (Ministry of Justice, 2005). From the perspective Consumer there are three methods based on the time when the mobile recharge api free financial value is exchanged (Juniper, 2006): Prepaid: This applies if the consumer prior mobile recharge solution to the mobile payment, an amount made available from which these payments be paid. The smart card is an example of a traditional prepaid payment.

Instant Paid: There is paid instant pay if the financial value at the time mobile recharge api free of the payment, charged directly contingent on the ability of the consumer. Cash payment or pins are examples of traditional instant-paid more details payments. Postpaid: There is talk of paying postpaid and financial value afterwards, ie after the actual payment will be charged to the consumer's ability.
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Understanding the Mobile Payments Landscape