International Journal of Computer Applications
The government authority, banking industry and regular citizens all experience a high overhead in using cash and credit/debit cards. E-cash and mobile payment in particular is a feasible alternative to physical cash, since it will experience much lower overhead and offers more convenience. The concept of mobile payment is also known as mobile money and mobile wallet. Here, in all such systems customer will be paying for a wide range of goods and services using mobile phone. In today's world, mobile device is the most popularly used system for mobile payment.