M-Commerce (Mobile Commerce) refers to the use of wireless handheld devices such as smartphones, laptops, smartwatches and tablets to conduct commercial transactions online.
Mobile Commerce transactions continue to grow, and the term includes the purchase and sale of a wide range of goods and services, online banking, bill payment, information delivery and so on.
The increasing adoption of E-Commerce (Electronic Commerce) provides a strong foundation for mobile commerce, which is on a very strong growth trajectory for years to come.
The rapid growth of M-Commerce is being driven by a number of positive factors:
- Demand for applications from an increasingly mobile customer and consumer base.
- Rapid adoption of online commerce thanks to the resolution of security issues.
Technological advances that have given wireless handheld devices advanced capabilities and substantial computing power.
