Define "M-Commerce", explain what is "M-Commerce" and what are the key benefits of "M-Commerce":

Database System Concepts
7th Edition
ISBN:9780078022159
Author:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Publisher:Abraham Silberschatz Professor, Henry F. Korth, S. Sudarshan
Chapter1: Introduction
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1. Define "M-Commerce", explain what is "M-Commerce" and what are the key benefits of "M-Commerce"?
Transcribed Image Text:core 7 % Question: 1. Define "M-Commerce", explain what is "M-Commerce" and what are the key benefits of "M-Commerce"?
Expert Solution
Step 1 The definition and explaination of M-commerce is mention as below,

M-Commerce simply refers to Mobile commerce .

Definition of  M-Commerce:-

It is defined as the utlilization of portable devices like cell/mobile phone, ipad etc to perform the business transactions, which consists of retailing, dealing, transaction (by using net banking) ,merchandising or for remuneration purposes (like paying electricity or credit card  bills).

 

Explaination:-

M-Commerce is  a subset of Electronic Commerce that means M-Commerce contained within the Electronic Commerce.

In case of M-Commerce, the reach is extensive, because of it's portability. 

Also , It recommends an extensive range of fast payment options for transaction (for instance unified payment gateway).

 

 

 

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