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Mobile Wallet

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Mobile Wallet
MOBILE WALLET
Abhinav Sultania B.E. SEM VIII Depart ment of co mputer engineering Bharati Vidyapeeth College of Engineering, pune abhinavsultania@hotmail.co m

Abstract
Mobile wallet system is an innovative and

at any point of time. One of the significant application of mobile applications is

transforming the mobile phone into a mobile wallet with digital cash that supports both as real cash and security [1]. It is a type of mob ile payment technology in which instead of paying with cash, checks or cred it cards, a consumer can use a mobile phone to pay for wide range of services and digital or goods such as:

revolutionary

breakth rough

mobile

commerce

solution that offers the conveniences of cash-less shopping, as well as making remote payments via any mobile phone, where financial and

merchandising transactions are done at the touch of the fingertips. Technology used in mobile wallet is known as Near Field Communication (NFC). Near Field

Music, videos, ringtones, online game purchase, wallpapers and other goods. Transportation fare of bus, train etc Books, magazines, tic kets and other

Communication is a short range high frequency which enables the exchange of data between device s over about a 10 centimeter distance. Keywords: Mobile mobile wallet, Near Field

goods There are four primary models for mob ile payments: Direct Mobile Billing SMS based transactional payments

Communication,

commerce,

intelliwal,

DORIS i.e. Digital online registration and

identification system. , RFID i.e. Radio Frequency
Identification

I. Introduction
Mobile web payments (WAP) Mobile wallet also known as wallet phone is a mobile enabled application that will rep lace a device from your pocket i.e. your wallet. The emerging wireless and mobile networks have extended electronic commerce to another NFC (Near Field Co mmunication) So in the payment models, mobile wallet uses NFC technology

research and application subject i.e.


References: [1ieeexplore.ieee.org/search/freesrchabs tract.jsp?arnumber=5170848&isnumber =5170782&punumber=5170260&k2doc key=5170848@ieeecnfs&query=(mobile +wallet)metadata&pos=1 [2ieeexplore.ieee.org/search/freesrchabs tract.jsp?arnumber=5357095&isnumber =5357048&punumber=5353035&k2doc key=5357095@ieeecnfs&query=(mobile +wallet)metadata&pos=0 [3.en.wikipedia.org/wiki/Near_Field_Co mmunication#Essential_specifications. [4]voicendata.ciol.com/content/GOLDB OOK2008 [5]Distributes Mobile Payment Wallet Over-The-Air, Press release, 28 May 2008 [6]nfc-forum.org/aboutnfc [7.mobilewallet2u.com/lang/en/about_fa q.html#02.%20Who%20can%20use%20 MOBILE%20WALLET? [8]74.125.153.132/search?q=cache:DI Q8hE0mwZkJ:apollo.smu.edu.sg/talks/is 480_Digital_Wallet_Presentation_Final _.pdf+intelliwal&cd=1&hl=en&ct=clnk &gl=in [9]www.nokia.com/NOKIA_COM_1/Pre ss/Materials/White_Papers/pdf_files/bac kgrounders_2009/NFC_backgrounder_2 009.pdf
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