Investigating applicability of Near Field Communication technology in Kenya
Mulevu, Cornelius M.
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Mobile phones have become ubiquitous companions in our life, enabling communication nearly always and everywhere. Additionally they facilitate information access to mobile services and the internet. Besides these communication functions, they have become multimedia computing platforms, thus mobile phones are emerging with technologies like Near Field Communication technology (NFC) which is a two-way communication technology based on Radio Frequency identification (RFID). The NFC equipped phone (NFC phone) that embeds the NFC technology into cellular phone has earned increasing attention in business, such as payment and ticketing. Mobile payments are likely to emerge as the way to pay for most all goods and services, eliminating the dependence upon carrying credit and debit cards, checks and cash. An upward progression mobile payments in mature economies towards online purchases is expected. Today, SMS is the dominant medium for conducting mobile phone transactions; however, the mobile payment market is seen to use both remote mobile payments like sms and proximity mobile payments (NFC). Mobile purchases have taken place using a variety of contactless devices like NFC-enabled mobile phone. Similar to a magnetic card payment, the user simply enters a short personal security code (personal identification number, PIN), and then touches their phone to the terminal for confirmation. This provides an essential higher-level of security compared to credit cards or other payment methods that typically reside in a physical wallet. This research presents a model for Adopting NFC-Based mobile phone payment system in Kenya. It will seek to provide solution to the challenges currently faced by magnetic card based payment system. The model characterizes the issues and technologies involved in NFC based payment, and proposes an ideal adoption model for the Kenyan mobile phone payment environment.