MOBILE PAYMENT
Payment made for purchasing a product or service done via a portable electronic device such as a cellular phone. It can also be used to send money to family or friends.
It first became popular in Asia and Europe, before becoming more well-know in the United States and Canada. They can be sent mostly by text message, by passing a smartphone screen showing a special barcode under a store's barcode scanner or by using a cellular phone to take a photo of a check and then sending it. The cost may be added to the client’s phone bill or paid by either credit or debit card.
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 07:00 | Leading Indicators | May | |
| 10:00 | Ifo Business Climate Index | Jul | |
| 10:00 | Ifo Current Assessment | Jul | |
| 10:00 | IFO - Expectations | Jul | |
| 10:00 | Private Sector Credit | Jun | |
| 10:00 | M3 Money Supply | Jun | |
| 12:00 | CBI retail sales volume balance | Jul | |
| 14:30 | Durable Goods Orders | Jun | |
| 01:01 | BRC Shop Price Index | Jul |
