Need a brief idea about M-commerce and difference with E-commerce

Need a brief idea about M-commerce and difference with E-commerce

The product & services which have a limited & precise choice, predictable availability, convenience are available in M-commerce. A mobile friendly shopping environment is the main goal of it. The main difference is easy to use accessing your mobile device. PDE, MPC, GIS etc. Yes, M-commerce has facilities like Live Support. You can learn about Micropayments here.

Need a brief idea about M-commerce and difference with E-commerce

Happy to support you!

• The use of wireless & handheld mobile devices such as mobile phones and laptops for commercial transactions, related to goods and services, online is known as M-commerce or Mobile commerce.

• These transactions continue to expand further and the term includes a wide range of products and services like-

1. Mobile Money Transfer
2. Mobile ATM
3. Mobile ticketing
4. Mobile vouchers, coupons and loyalty cards
5. Content purchase and delivery
6. Location-based services
7. Information services
8. Mobile Banking
9. Mobile brokerage
10. Auctions
11. Mobile browsing
12. Mobile purchase
13. In-application mobile phone payments
14. Mobile marketing and advertising

• Location-based services of M-commerce uses the information about the location of the mobile phone user or of any m-commerce transaction. This knowledge about the location of the user allows for location-based services like,
  • Local discount offers
  • Local weather
  • Tracking and monitoring of people

• And of course, about 64% of Mobile Shoppers Expect Live Support Chat, which is a wide spread feature presently.

• The difference between E-commerce & M-commerce,

• Micropayment is an e-commerce transaction which involves a very small sum of money in exchange for a good or a service. Usually, this "very small sum" ranges less than 75 cents and even can be a fraction of a cent. But this requires a special type of system since the transactions are too small to be feasible in credit card usage.

• Recent micropayment systems include,
  • Flattr
  • M-Coin
  • Zong
  • PayPal