Proposing a comprehensive framework for analysis and engineering of mobile payment business models

Although in the era of third generation (3G) mobile networks technical hurdles are minor, the continuing failure of mobile payments (m-payments) withstands the endorsement by customers and service providers. A major reason is the uncommonly high interdependency of technical, human and market factors which have to be regarded and orchestrated cohesively to solve the problem. In this paper, we apply Business Model Ontology in order to develop an m-payment business model framework based on the results of a precedent multi case study analysis of 27 m-payment procedures. The framework is depicted with a system of morphological boxes and the interrelations between the associated characteristics. Representing any m-payment business model along with its market setting and influencing decisions as instantiations, the resulting framework enables researchers and practitioners for comprehensive analysis of existing and future models and provides a helpful tool for m-payment business model engineering.