IT Examiner School, Providence, RI

Mobile Wallet- Delivery

Delivery methods/models:  Mobile based billing

 SMS based transactions  Mobile web payments  Near-field communications (NFC) Collaborative Effort:  Mobile Service Providers  Mobile App(s)  Banks  Other financial entities/merchants

Mobile Wallet- Security

Security:  Is a collaborative effort between the mobile device,App, mobile carrier, etc.  Require a password to enter into the App  Should include the ability to encrypt transactions  Provide a method to record and review transactions