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Essay / Research Paper Abstract
This 16 page paper considers the potential of using a mobile telephone payment system to pay for car parking. The paper looks at the potential in terms of market access and technology and then considers the choices using IP technology, voice systems and text messages. The bibliography cites 17 sources.
Page Count:
16 pages (~225 words per page)
File: TS14_TEmpps01.rtf
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Unformatted sample text from the term paper:
to use a telephone to make payments to a system. It is not possible to send texts enter competition, to buy lottery tickets or for a range of other
transactions. Mobile telephone also give access through either WAP or a WAN to the internet and a full range of eCommerce opportunities. There are many companies taking advantage o
the new opportunities that are facilitated by the ability to use mobile technology. NCP, the UK car park company are looking at using this technology. The company finds they have
problems for some of their customers. Penalties, which are high and result in unhappy customers, are often incurred for one of two reasons, a lack of change to pay the
parking fee, or overstaying. The idea is that if NCP are able take payment from instruction originating from mobile telephone as well as increasing payment options they may also cut
down on the need to impose penalties. 2. The Potential For this to be a viable the potential users would have to have mobile telephones to use. The
current market is growing, in 2002 there were 44.1 million subscribers, which was an increase over 2001 of 2.3% (Euromonitor, 2003). The
services that are offered in this sector can be divided into two main sectors, the prepay services, where credit is purchased and then used, and the contract where calls are
billed and a line rental is paid for. The pre paid market s the largest with a 63% market share in 2002 (Euromonitor, 2003), increasing by 70% in 2003 (Oftel,
2003). Therefore any system will need to be able to deal with a prepay system. If we look at the use of
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