Our world has indeed gone on a fast track, with the invention of the internet, mostly everything can be possible online. As the days go by, few more technological advancements and innovations are being developed. All these to make every person’s life as convenient as possible.
Furthermore, gone are the days of having to exhaustively shop around different stores just to find that perfect dress for a very special occasion. Today, shopping for almost anything can be easily done with just a mobile phone and the internet.
What are E-commerce and M-commerce?
Online shopping spree is made possible through different e-commerce websites. We have become well aware of the term e-commerce, it has been in the market for quite some time now. However, mobile applications where we can access these sites to purchase online are somewhat newcomers. M-commerce or what others usually know as Mobile- commerce is definitely the new trend.
In other words, e-commerce is where people can buy and sell online. On the other hand, Mobile commerce or M-commerce is a subcategory of e-commerce that is done via mobile phone.
What are the Differences of E-commerce and M-commerce?
Although both are similarly alike in terms of buying and selling stuff in the internet, there are actually a lot of differences between the two:
For e-commerce, transactions are usually done with the use of either a desktop and a laptop. As for M-commerce, all transactions are done through the primary use of mobile devices, ipads or tablets.
In terms of mobility, it is an obvious apparent that mobile applications are much more convenient. People can have their business transactions anywhere, anytime as long as they have a reliable internet connection. Payments can be easily done with just a few taps on the mobile screen.
Reachability and Location Tracking
In terms of reachability, e-commerce are only limited because the devices used in all transactions are non-portable.
As for Mobile commerce, it can track down and identify such user locations with the help of GPS, Wi-Fi and so on. In addition, M-commerce can determine specific locations and personalized recommendations.
For transaction payments, the most common form of settlement online is through credit card. However, most shoppers are quite sceptic especially in giving away their account numbers in different e-commerce sites.
The security of mobile commerce are more extensive, all thanks to the use of bio-metric authentications such as:
- Retina Scans
- Face ID