mPayment
mPayment or mobile payment provides users with a means to use a mobile wallet to pay for cash transactions. Payment can be made by text message or via NFC technology (Near Field Communication).
What
Belgacom’s mPayment solution provides the user with a dedicated and unique mobile account on it’s PingPing service. Each account is linked to a unique mobile phone number. Money can be put into the account by simple bank transfer, or customers can opt to link their PingPing account with their Proximus invoice.
Payment can be made by sending a text message or by swiping an NFC-tag over a tag reader. In the future, most new mobile devices will be equipped with built-in NFC technology, making the extra tag obsolete.
Your benefits
- Convenience:
Mobile payments offer added convenience to merchants and users. It reduces cash transactions and related risks and is a fast, efficient method of payment. - Increase sales:
mPayment provides a new and easy sales channel and an extra means to collect money. - Increase efficiency:
With mPayment, merchants can automate ticket sales, decrease cash collections and monitor their business with the automated reporting solutions.
Examples
The potential for mPayment solutions and services is huge:
- public transportation
- mobile parking
- vending
- ticketing
- couponing
- campus or school money
- loyalty programmes
- person-to-person payments
- webpayment via text message
- etc.