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v. t. e. Mobile payment, also referred to as mobile money, mobile money transferand mobile wallet, is any of various paymentprocessing services operated under financial regulationsand performed from or via a mobile device. Instead of paying with cash, cheque, or credit card, a consumer can use a payment appon a mobile device to pay for a wide ...
Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose.
Advance-fee scam. An advance-fee scam is a form of fraud and is one of the most common types of confidence tricks. The scam typically involves promising the victim a significant share of a large sum of money, in return for a small up-front payment, which the fraudster claims will be used to obtain the large sum. [ 1][ 2] If a victim makes the ...
This definition of code review distinguishes it from related software quality assurance techniques, such as static code analysis, self-checks, testing, and pair programming. In static code analysis the main checking is performed by an automated program, in self-checks only the author checks the code, in testing the execution of the code is an ...
Banking. Know your customer ( KYC) guidelines and regulations in financial services require professionals to verify the identity, suitability, and risks involved with maintaining a business relationship with a customer. The procedures fit within the broader scope of anti-money laundering (AML) and counter terrorism financing (CTF) regulations.
M-PESA(Mfor mobile, PESAis Swahilifor money) is a mobile phone-based money transfer service, payments and micro-financingservice, launched in 2007 by Vodafoneand Safaricom, the largest mobile network operator in Kenya.[1] It has since expanded to Tanzania, Mozambique, DRC, Lesotho, Ghana, Egypt, Afghanistan, South Africaand Ethiopia.
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
Mobile Money is a mobile payments system based on accounts held by a mobile operator and accessible from subscribers' mobile phones. The conversion of cash into electronic value (and vice versa) happens at retail stores (or agents). All transactions are authorised and recorded in real-time using SMS . In 2008, a Ugandan software developer named ...