Analysis of mobile wallet model applicable for Ecuador

Luis Fernando Guerrero Vásquez, Diego Andres Cuji Dután, Edgar Efraín Ochoa Figueroa

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

Abstract

Nowadays, the combination of fast growing of mobile phones with the great development of mobile technologies have caused a strong growth potential for mobile electronic commerce across the developing countries as Ecuador. This paper describes the main headlines in order to implement the mobile wallet in Ecuador. There are important challenges to overcome, like the essential agreement between government, mobile networks operators (MNO), banks, consumers, merchants, and others. In addition, this article will be focus on the security and regulatory aspects. The purpose of this study is to provide a starting point to raise a technical analysis of the mobile wallet with all aspects that compose it; reviewing the available technologies and the existing business models to conclude which is the most viable for application in Ecuador.

Original languageEnglish
Title of host publicationProceedings of the 2016 IEEE North West Russia Section Young Researchers in Electrical and Electronic Engineering Conference, EIConRusNW 2016
EditorsS. Shaposhnikov
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages827-832
Number of pages6
ISBN (Electronic)9781509004454
DOIs
StatePublished - 5 Apr 2016
EventIEEE North West Russia Section Young Researchers in Electrical and Electronic Engineering Conference, EIConRusNW 2016 - Saint Petersburg, Russian Federation
Duration: 2 Feb 20163 Feb 2016

Publication series

NameProceedings of the 2016 IEEE North West Russia Section Young Researchers in Electrical and Electronic Engineering Conference, EIConRusNW 2016

Conference

ConferenceIEEE North West Russia Section Young Researchers in Electrical and Electronic Engineering Conference, EIConRusNW 2016
Country/TerritoryRussian Federation
CitySaint Petersburg
Period2/02/163/02/16

Bibliographical note

Publisher Copyright:
© 2016 IEEE.

Keywords

  • Electronic Money
  • Mobile
  • Mobile Commerce
  • Mobile Payment
  • Wallet

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