Mobile Commerce

Topics: Mobile phone, Bluetooth, Personal digital assistant Pages: 3 (1015 words) Published: August 5, 2013
Advances in wireless technology improve the rapid development of electronic commerce conducted with mobile devices. Small mobile devices have become more popular and are used in different application areas. Mobile commerce is referred as customer sharing their information and purchasing products and services using their mobile devices such as mobile phones, notebooks, GPRS enabled cell phones, smart phones, personal digital assistant dash-top mobile devices etc. We can also say it is a mobile electronic commerce. It is similar to electronic commerce the only difference between mobile commerce and electronic commerce is in mobile commerce we use mobile mediated networks while in electronic commerce we use computer mediated network. Mobile commerce plays a large part in the lives of all. Mobile commerce has gained increasing acceptance amongst various societies and builds trust among the people. It plays a significant role amongst the developing middle classes. The number of mobile phone users is increased rapidly over the years worldwide. It grows stronger every day and still has chances to grow. There is no need to sit at a PC to perform mobile commerce. Mobile commerce provides the facility of mobile financed service, micro payment, macro payment, mobile banking, mobile browsing, information services, fund transfer between accounts and stocks trading. It provides high mobility of convenience. It reduces the cost of transaction and communication. It allows users to execute transactions any time anywhere. Mobile devices, wireless systems and software’s enable a transmission of data, along with reliability and security. Using carrier’s billing system users can bill their purchases to their monthly carrier bill. Using financial services users can transfer money between accounts or can pay bills through wireless transaction. With the new smart phones, 3G services and unlimited data services it provide business owners to connect their customer easily and increase...
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