#31unit 2e commerce payment system

Wireless payment system

Payments made through mobile and wireless devices.

Splitting dinner with Venmo

Friends at a restaurant each tap their phones to pay their share via Venmo, funded by their bank debit cards — no cash, no card fees, and a social newsfeed shows who paid whom.

Venmo, Square Cash, Apple Pay, Android Pay, and Samsung Pay are leading wireless payment systems.