Technology is something that is constantly changing; sometimes for the better and sometimes for the worse. Well whatever the case may be, there is no denying the fact that technology is here to stay. One very convenient and very useful innovation of modern technology is mobile payments service. This awesome feature allows you to make all of your monetary transactions through your cellular phone. So this clearly means that our cell phones are no longer just for texting and calling alone. Back then people had to go to their nearest financial institutions so they could make a payment or transfer funds. Now, because of the emergence of companies that specialize in mobile payments service, our lives have just been made a whole lot easier.

What youcan do with this Service

So you might be wondering about some of the other things that you can do with a mobile payments service. Well aside from being able to pay through mobile, you can also send cash via mobile as well. This feature will only work if the person that you are transferring funds to has the latest smart phone or one that supports wireless networks. This form of electronic cash allows you to have a secondary wallet, and this is pretty useful whenever you need some extra moolah to support your cause. However, the only downside to this feature is that it is only available in select countries.

There are also some establishments that support the cause of a mobile payments service, meaning that they accept electronic cash payments. For those who are not that familiar with technology, remember whenever you send cash via mobile that you are not actually paying your bills off using your cell phone balance. Instead, you will link your mobile number to your bank account or credit card and any charges that you incur will be charged directly to your account.

Who Can Take Advantage of It

So who can take advantage of being able to pay through mobile phones and send cash via mobile phones you ask? Well, the answer is anyone who has an active bank account, credit card, and owns a high end cell phone. Technically, even children are able to take full advantage of this feature, but they are obviously too young to have their own savings account. This is highly beneficial for our senior citizens and those with physical disabilities because they no longer have to travel a long way just to make their payments. Instead, they can use their "pay through mobile" services and send cash via mobile with just a few touches of a button. If you want to find out more about how to paythrough mobile and other related services then you should definitely check out My Paga. This company will be launching on the 15th of September and their services all cater to mobile payments.