This was pretty interesting. recently took an electronics survey on what was important to me in a cell phone. The survey focused on data plan limits and paying for data plans. The survey opened up a lot of questions in my mind, especially when it comes to using a mobile phone to pay for bills. The person asking me questions had some knowledge on the topic and was helpful but I wanted more info. Where I really found some good help was when I asked a friend who is an electronic junkie (and former cell phone sales person) what good it would do me to pay for products with my cell phone. He came up with some great answers and possibilities. I’m honestly not sure if all of these exist yet in “mainstream” I’m so behind in-the-times sometimes when it comes to this stuff.
Regardless, I now know a bit more about cell phone potential than just taking and deleting pictures. Here are some ways a cell phone can transfer som loot to another person or business:
1. Shopping on the internet. Good cell phones have pretty powerful internet connections these days so shopping on line using your phone and paying with your credit card is one way of paying with a mobile phone.
When I was told this, I thought this option was a little lame. I mean, we all know that. Turns out that was just the tip of the iceberg
2. Transferring funds to accounts handled by third parties. What?! Sounds like I’m dumping money into a third world nation? Actually it is a cool idea. Third party = GIFT CARD. In other words, you can send funds to a prepaid account, then use your cell phone to purchase against that account. The more you spend, the more is taken off the balance of your account. Essentially the phone is used as a gift card
3. Use the phone a brick and mortar credit card or cold hard cash. Walk into a store and use your phone as a credit card or to transfer cash.
4. Get money to loved ones and people close to you through texting. You send a text message to services that withdraw money from whatever account you have it linked to. Banks, credit cards, Paypal, etc.
Tips to Find Best Bank CD Rates
5. Use cell phone apps. Use your cell phone applications to buy stuff and get billed by your cell phone provider.
Does The Samsung u820 Have a Mind of Its Own?
Security and privacy concerns worry me about most of these. Have you been exposed to any of these options? Let me know.
Here’s a question I immediately asked and probably you are too, “OK, we’ve drawn broad strokes here. How do we actually make payment? You’ve given me some one or two word answers but how do we do this?” We’ll, I received an earful of answers and wrote a post on it (click here)
Please Check Out Some More Posts By Me On Excerptz:
Sick of Someone Calling? Block Their Calls on Your Cell Phone Easy
How to Lock The Screen on Reality U820 Cell Phones
How Businesses View Paying The Bills