RFID Technology Applications in Mobile Payment

Abstract:

In the last years, the development of information and communication technologies has brought significant changes in the business world. In this perspective Radio Frequency Identification (RFID) technology is one of the wireless technologies used mainly to control, detect and track objects that have many applications today mainly in retailing, healthcare and security. On the other hand the RFID applications are numerous but as far as we have investigate till now not many studies were done and focus on mobile payment area. In fact in our view we see mobile payment as one of the new services that it could bring a lot of new opportunities to enterprises who are struggling in the drastic competition on the business market and it could also makes people’s life much easier and more convenient than before. Meanwhile, most people still feel confused about how to use RFID technology in mobile payment and how RFID technology it could bring benefits to them. For this reason, this paper is looking to analyze different case studies that are mainly focuses on the applications of RFID technology in mobile payment in different countries. Therefore in our analysis we have selected different kinds of applications of RFID technology, such as Stockholm Congestion Charges Project and i-mode Felica of NTT DoCoMo and we have analyzed mainly their benefits together with the advantages and disadvantages of their use in that particular area of application.

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