6533b82cfe1ef96bd128f5ba
RESEARCH PRODUCT
Mobile Banking and Payment System : A Conceptual Standpoint
Payam HanafizadehAijaz A. ShaikhKarjaluoto Heikkisubject
Payment systempayment systemsManagement Information Systemslaw.inventionlaw0502 economics and businessSMS bankingMobile paymentmobile bankingPayment service providerta512MicrofinanceMobile bankingbusiness.industry05 social sciencesComputer Science ApplicationsCommercemaksujärjestelmätverkkopankitRetail banking050211 marketingbusinessTelecommunicationsMobile device050203 business & managementdescription
This study conceptualizes and proposes a well-regulated and designated mobile banking and payment system (MBPS) with the potential to strengthen the banking system, foster the regulatory framework, and to be integrated across various platforms and mobile devices. Unlike other mobile payment systems that lack convenience, scalability, and usability, the proposed MBPS contains several important functionalities and it has the potential to bring together hitherto unconnected industries—banking, Fintech and telecoms—to offer value-added services to their existing and potential customers. The ownership of the MBPS shall remain with the financial services sector including the banking and microfinance institutions. The paper concludes with a discussion on the implications and limitations of the study and proposes future research directions.
| year | journal | country | edition | language |
|---|---|---|---|---|
| 2017-04-01 | International Journal of E-Business Research |