1. THE FUTURE OF MOBILE
COMMERCE
BY- MOUMITA KARMAKAR
STUDENT CODE- A0151879
2. CONTENT
⢠What is Mobile Commerce?
⢠Features of M-Commerce
⢠Advantages of M-Commerce
⢠Limitations of M-Commerce
⢠M-Commerce: Beyond E-Commerce
⢠Mobile Payments Gateway Integration
⢠Mobile Business Application
⢠Conclusion
3. WHAT IS MOBILE COMMERCE or M-Commerce?
Use of Mobile Devices to:-
⢠Transaction
⢠Communication
⢠Entertain
In simple terms,
M-Commerce = E-Commerce + Wireless Web
4. Features of M-Commerce
⢠Provision for cash deposits and withdrawals.
⢠Ability for third parties to make deposits into a user account.
⢠Ability to make retail purchase.
⢠Over-the-air prepaid top-ups using the cash already in the account
⢠The ability to transfer cash between users account.
⢠Provision for bill payment.
5. Advantages of M-Commerce
⢠Convenience
⢠Easy Connectivity
⢠Personalization
⢠Time Efficient
⢠Easy to use
6. Limitations of M-Commerce
⢠Smartphone limitations
⢠Habituate
⢠Risk Factor
⢠Connectivity
⢠Sense of security.
7. M-Commerce: Beyond E-Commerce
M-Commerce has gone beyond E-Commerce in a lot a ways:
ď§ Interaction to a wider audience in a more personalized way
ď§ Opportunity to connect information with object in a more direct way
ď§ Massive global adoption
ď§ Allow organisations and individuals to reach out to one another more easily
8. Mobile Payments Gateway Integration
M-Commerce site will be complete only by integrating payment gateway to
process credit cards, e-checks and other payment method.
Benefits:
⢠Flexible service
⢠Effective solution for money transaction
⢠Real time payment
⢠Secured over internet
⢠Easy installation
⢠Quick processing
⢠Online payment receipt
⢠Complete transaction history
9. Mobile Business Application
⢠Mobile Financial Application- Banking , Brokerage and Payment for
mobile users.
⢠Mobile Advertisement- sending user specific advertisement to user
⢠Mobile Inventors Management- location tracking goods, boxes and
people
⢠Mobile Office- working from traffic jams, airport and conference
⢠Mobile Music- downloading and playing music using a mobile device
⢠Mobile distance education- taking class using streaming audio and
video and etc.
10. Conclusion
⢠Itâs the best possible business process in current market scenario
⢠Reduces all associated costs
⢠Low carrying cost of inventory
⢠M-Commerce is replacing E-Commerce
⢠Use of M-Commerce has increased
⢠People spend more time using M-Commerce.