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Mobile payments, also known as M-Commerce, is a form of electronic payment that is conducted through a mobile device such as a smartphone or tablet. It is a convenient and secure way to make payments without the need for cash or credit cards. Mobile payments can be used for a variety of transactions, including online purchases, in-store purchases, and peer-to-peer payments.
The mobile payment market is growing rapidly, driven by the increasing adoption of mobile devices and the growing demand for secure and convenient payment solutions. Mobile payments are becoming increasingly popular due to their convenience and security, as well as the ability to make payments from anywhere.
The mobile payment market is highly competitive, with a number of companies offering mobile payment solutions. Some of the major players in the market include Apple Pay, Google Pay, PayPal, Venmo, and Square. These companies offer a variety of mobile payment solutions, ranging from in-store payments to online payments. Show Less Read more