Differentiate between e-commerce and m-commerce.
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Answer:
mobile commerce
M-commerce (mobile commerce) is the buying and selling of goods and services through wireless handheld devices such as smartphones and tablets. As a form of e-commerce, m-commerce enables users to access online shopping platforms without needing to use a desktop computer.
Ecommerce, also known as electronic commerce or internet commerce, refers to the buying and selling of goods or services using the internet, and the transfer of money and data to execute these transactions. Global retail ecommerce sales are projected to reach $27 trillion by 2020.
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Difference between E-commerce and M-commerce:
Explanation:
- E-commerce stands for Electronic commerce whereas M-commerce stands for mobile commerce.
- E-commerce means the business transaction that is done through electronic devices such as Laptop and computer with the help of internet connection.
- M-commerce means the business transaction that is done through mobile devices such as smartphones, Tablets etc. with the help of internet connection.
- Example of M-commerce is Mobile banking, Mobile payment etc. whereas the example of E-commerce includes online shopping such as shopping through EBay, Amazon, Flip kart etc.
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