This paper introduces three mobile payments launched recently in Korean economy: mobile banking service, mobile prepaid electronic cash service, and mobile phone bill service. Mobile payments are superior to existing means of payment because of their efficiency and convenience. Mobile network operators (MNOs) are on the verge of turning into non-bank financial institutions in its nature. Rather than hindering innovation in banking industry, the government needs to facilitate the crossbreed between banks and MNOs to accelerate the development of efficient payment instruments.
Keywords: Mobile payments; Mobile banking; Electronic cash; Phone bill
학회 소식
공지사항
[2005년 제 2차] KOREAN MOBILE PAYMENTS: NEW ISSUES AND POLICY IMPLI
작성자 : 관리자
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게시일 :
2005-06-03