m-Order - Payment model via SMS within the m-banking

Modern social concepts which originated in the postindustrial era of Western civilization development promote mobility as an important factor of social practice. Mobile communication technology has ensured significant changes in lifestyle, in which a pet-son does not move towards the solution to the problem, but solves it from their current position. The activities within the payment system fall into the category of activities which people perform almost on daily basis as part of their private and professional tasks. It is therefore reasonable to explore the possibilities of exploiting the potential of the modern mobile technology for the purpose of solving problems connected to the payment system within the concept of mobile banking. Considering the fact that SMS is the simplest and most widely accepted service of digital data exchange, it is necessary to develop the model of mobile payment system, based on the potential of this particular service.