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Everything you need to know about mobile payment solutions

14 July, 01:20 PM

Flick, snap, scan, zap! The words seem to come off the pages of a sci-fi comic book. Soon, all consumers will adapt this lingo as they use their phones to buy their favourite cup of coffee or purchase their dream car. 

With mobile apps FlickPay, SnapScan, Zapper, VCPay and Geopayments making their presence felt more than ever, the time of cash and cards could be coming to an end.

But should consumers be concerned about the personal banking information stored on their cellphones? We spoke to a security expert who provided us with useful feedback on staying secure while making mobile payments: 



From SnapScan to Zapper to GeoPayments - how do you make a decision on which mobile payment solution best suits your lifestyle? We speak about making the right choice here:



So what's your opinion? Do you see mobile payment solutions as the way of the future? Or are you still hesitant to store sensitive information on your mobile phone? Let us know in the comments below.

- Now read: Are you tired of carrying your wallet around? With a bunch of new apps that allow you to pay your way without cards or coins, the evolution is speeding up.

- Now read: Philip Pieterse, senior security consultant at Trustwave, answers questions related to mobile banking security.



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