Fantastic Four : NFC App Development for making Payments through a Smartphone

The innovations and the customization of the technologies to incorporate the role of smartphones to make lives easier for the people using them. Gone are the days, when shoppers had to carry the wallets- full of cash or even the cards to swipe. The process of mobile application development is advanced than ever for integrating the payment modules with unprecedented technologies. There are a number of NFC App development examples being used already in the real world.

Types of Mobile Payment Solutions:

There are usually the following basic modes of payment being used by the people today.

SMS Payments: For the people who do not have a smartphone, this technology is the most popular for making payments using a mobile phone needing a capability to send a message. Payments can be made for person-to-person or for the purchased goods or services.

Direct Mobile Billing: It is still the most popular technology for making payments in some parts of Asia like Pakistan, Bangladesh, Indonesia, Vietnam, Philippines etc. Direct Mobile Billing accounts for 70% of the payments for all the purchased goods online.

WAP Payments: This technology uses Wireless Application Protocol (WAP) facility on your smartphone to connect it to the internet and then will use the online payment method. WAP payment examples include online wallets such as Amazon Payments, Citrus, ICICI Pockets, PayTM, Google Checkout and Paypal.

NFC Payments: Near Field Communication known as NFC app development technology has taken a leap forward in the field of mobile payments. Using RFID, NFC phones communicate with each other and also with NFC-enabled points of sale. It enables the instant transfer of data between the two.  

So with this basic idea of technologies for mobile payments through mobile apps, let us have a look of at four famous applications being used for the mobile payments using such technologies.

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