Various models of mobile payments are currently being tried. There is no one complete success story but clearly people are unanimous that mobile payment is the way of the future. The advent of mobile payment brings it with various legal, policy and regulatory issues. These are issues which have a profound impact not just upon the way how we will be able to use mobile phones for payment purposes, but also the way how the mobile payment economy is likely to grow over a period of time. Clearly, using mobiles for making payments is a very attractive idea. However, there are large number of challenges in that regard. At a time when cyber criminals and mobile criminals are waiting for every opportunity to rob you of your moneys, mobile payment has before it various legal, policy and regulatory challenges.
This ebook “Mobile Payments & Mobile Law” seeks to specifically look at the legal, policy and regulatory issues impacting mobile payments. It also looks at the various developments in this area in different jurisdictions and also examines the legal challenges that exist before the growth of mobile payments. At the time of writing, this is a newly emerging area. The present ebook seeks to sensitize the readers of important issues that mobile payment bandwagon has to appropriately address, before it becomes a common fabric of our day-to-day lives.
© Pavan Duggal 2013