Please respond to this statement. Mobile commerce (m-commerce) continues to be a

Question

Please respond to this statement.

Mobile commerce (m-commerce) continues to be an expanding area for e-commerce around the world. Users of smartphones and tablets use them to research goods and services on the go and purchase things quickly. If most of the research [ends up] being done on a mobile device, the purchase decisions will be driven through a mobile device as well. To make purchasing as simple as possible, contactless and mobile payment options have been on the rise, however, these options have not yet been fully adopted due to security concerns that continue to be addressed.

Explanation / Answer

These days people are going nuts for M-commerce known as Mobile-Commerce as by this we are saving our time and money even. It is defined as the buying and selling of goods and services through wireless handheld devices such as cellular telephone.We do have many advantages using M-commerce as Mobile is the only technology which is now become necessary for any person in social and business life than computers. So, it is easy to reach users through mCommerce and it is easy to use because There is no need of skilled consumer. Buyers can have look thousands of items on their cell phones and there is no need of online checkout process, upon that the main advantage of this is Companies try to reach to the consumer directly through mCommerce, so users have no need to go far to the store physically and at the end it saves user’s time and money.
But here comes some concerns if we use M-commerce:
Each business has its own risk. Same Moblie commerce is the growing field and a lot of investment in this field is become risky. Because technology change day by day. Moreover, there less security in wireless network, so in data transfer hacking and phishing chances are more upon this there is an connectvity issues also came into light.
Compared to E-commerce, M- commerce both has played a revolutionary role in changing the lifestyle of the people. Obviously, it saved their time and cost. In traditional commerce people do not have many options, but now they can explore and make better choices

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