Mobile payment is the killer application in mobile commerce. We classify the payment methods according to several standards, analyze and point out the merits and drawbacks of each method. As a kind of mobile data service, mobile payment service has approached people’s lives. It main focus on field of telecom service provider. Before the mobile payment system Radio Frequency Identification (RFID) is transaction solution [4]. Cash payment is still king in several markets, accounting for more than 90% of the payments in almost all the undergoing growth countries. The use of things not fixed telephones is good looking normal in this present time. Readily moved telephones have become a together the entire time friend for many users, giving out to much more than just news apparatus for making or put right things. Every coming after person is heavily being dependent on them because of, in relation to much-sided use and payment power.