FanTaXy FouR: Mobile payment systems in Malaysia : its potentials and consumers' adoption strategies

Mobile payment system is not quite well known in Malaysia. Perhaps, I also first time get to know this term. According to the definition from wikipedia, mobile payment is the collection of money from a consumer through a mobile device such as mobile phone, smartPhone or Personal Digital Assistant (PDA). Through this system, we can sms the mobile money to anyone at anytime in anywhere. This system can bring a lot of benefits to everyone especially those who seldom or rarely go out.

As nowadays the petrol price is keeping on increase, the transportation cost will increase directly. Therefore it would be very troublesome and costly if we need to go to the nearest bank to have any transaction. In order to reduce those unnecessary works, this type of payment is introduced. Therefore in the moment where the petrol price is keeping increase, the mobile payment system will become more popular and being used. This reveals that this system has a very bright prospect in the future. Currently, Celcom is providing the mobile payment service in Malaysia. For further detail information about mobile payment service provided by Celcom, you all can go to the webpage of Celcom to ask for further information. Besides that, you all can click on the link below to understand or know more about the mobile payment available in Malaysia that is MM Wallet.
-http://www.mobile-money.com/

In order for more people practice mobile payment system in Malaysia, there should be more companies in Malaysia that can accept the mobile payment. Furthermore, the service provided should be ensured that the system is very secure and everyone can use the system without having any doubts or worry of the security problem. Other than that, this new type of payment system should be introduced to the public by using all types of media. This will be the fastest way to notify the citizens about the new and efficient payment system that is available.