User Evaluation Technique using MPS
Deliverable 2
Project Title
“User Evaluation Technique using MPS”
Abstract
This report caters the idea of providing the wide background study on existing m-payment systems and suggesting the most reliable and authentic platform for safe e-commerce, m-commerce businesses. Mobile Payment system (MPS) is advancing technology which is successfully fulfilling the needs of business to consumer market. It’s a famous methodology because it is a fast payment system as transaction can be completed in less than a few seconds. These days it is the easiest and most convenient payment mode especially preferred for unbanked regions of the world.
1. Introduction
MPS helps the banked as well as unbanked customers to meet the currently growing need of mobile phone users who are a target group representative in the segmented market of m-commerce.
Stimulation for the study
• Increasing trend of new mobile payment methods
• The union of all wired Internet world and wireless mobile infrastructures
• Inefficiency in finding the best solution for services in mobile payments
• Emergence of new technology such as IPv6
1.1Scope
The scope of our project “user evaluation techniques” will mainly cover mobile payment method for Internet, mobile and propinquity transactions. It will focus on prototype implementation of the proposed/selected mobile payment mode. With the help of existing payment systems, our project will recommend a framework for future mobile payment system infrastructures, covering the most familiar platform for basic practice-scenario in MP systems.
In case of banked-based payment system, the customers have direct relationship with certified and monitored organization and the customer has to deal with a series of staff, hired by bank to conduct transactions smoothly, but our project will focus on “customer satisfaction” by resolving