Better Than Cash (formerly the 20% Initiative), a program to introduce electronic and mobile payment systems to developing countries to facilitate the distribution of aid resources.

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By integrating Intrinsic ID's PUF technology into its secure microcontroller SmartMX2, NXP significantly enhances the chip's security architecture and strengthens applications such as NFC-enabled mobile payment, electronic ticketing, and eGovernment and cyber security services.

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Visa India has launched a version of electronic bill payment for mobile phones.

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The product is a prepaid account that can be accessed through a mobile phone, providing users a secure electronic payment account.

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On the technology side, cloud based services and electronic payment methods such as PayPal, Google Wallet and mobile payment enable these services to be consumed any time, any place.

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