*Asst. Prof., Dept. of MCA, MSRIT, Bangalore
**Lecturer, Dept. of MCA, Dr. AIT, Bangalore
***Asso. Prof., Dept. of MCA, MSRIT, Bangalore
**** HOD., Dept. of CS & IT, JJTU, Rajasthan
Online published on 26 June, 2013.
As mobile technologies and services are in stable development, many wonder on whether or not mobile payments will be a destroyer function for mobile commerce. To have an improved considerate of the market, presently there is a require to inspect not only the technology but also the different players that are implicated. This paper investigates the use of mobile payment systems, technologies and security issues, challenges. We are discussing the methodologies, number of network providers and payment technologies provided by the Mobile networks. And also focuses on the mobile security topics and solutions relating to mobile accesses. It discusses mobile security concepts, problems, challenges and needs, and reviews the state-of-the-art mobile security emerging technologies and solutions. The focuses are on two emerging areas of mobile security: key-based security solutions for mobile devices and best payment method. Even though mobile electronic commerce has many advantages over traditional commerce, there are also drawbacks or disadvantages that need to be addressed as well. One of the drawbacks is the mobile device itself. Even though there are still concerns about using mobile electronic commerce, there are several industries that have gone ahead with their plans and have started using this form of commerce. Paypal is one of the best payment method.
Mobile commerce, payment systems, Technologies, security, challenges, Secure payment method