Payment is in nature an act of money transfer from one entity to another, and it is obvious that a payment method will be valued as long as the transaction can be completed with safety no matter what technology was used. The key to U-payment is convenience and security in the transfer of financial information. The purpose of this paper is to find a desirable U-payment scheme promoting seamlessn...

Economics provides a useful framework for understanding both drivers of and barriers to retail payments security. This paper documents economic principles that underpin retail payments security and describes how a game theory approach can be used to evaluate and construct security strategies. It then demonstrates in four case studies how economics can help explain why some payment security mech...

This study aims to explore and model the central consumer perceptions that affect the decision of whether to use mobile payment systems. In particular, we study whether the Technology Acceptance Model (TAM) describing user acceptance of technology offers comprehensive explanation for consumer decisions related to adoption of mobile payments. This study is based on two rounds of focus group inte...

Mobile payment (MP) is crucial for, but not limited to mobile commerce. The key to mobile payment acceptance is in the hands of customers. In this paper we examine the conditions for acceptance and actual usage of MP procedures by the customer. We identify essential conditions which belong to the categories costs, security and convenience. Different preferences lead to an individual set of esse...

This article shows the impact of the growing adoption of mobile phones in the field of money transfer in Africa but also their uses in the field of retail payments or micropayments that is financial transaction from person to person (P2P) for small amounts. We show how these innovations will continue to improve the quality of life of Africans especially those in rural areas. We present M-Pesa a...

In platform-driven markets, competitive advantage is derived from superior platform design and configurations. For this reason, platform owners strive to create unique and inimitable platform configurals to maintain and extend their competitiveness within network economies. To disentangle firm competition within platform-driven markets, we opted for the UK mobile payment market as our empirical...