M-Commerce

• Early applications included news services, financial information alert/transactions, and banking.
• Movie ticket purchases, parking payments, etc. gaining acceptance.
• Japan is 1st country to have a 3G carrier (almost all Japanese have a cell phone).
• United States-only about 40% have a cell phone.

The Next Step for E-commerce and E-Business

• Mobile commerce (m-commerce)/Mobile business (m-business) is the ability to conduct commerce, using a mobile device e.g. a mobile phone (cell phone), a PDA, a smartphone and other emerging mobile equipment such as dashtop mobile devices. Mobile Commerce has been defined as follows:
• "Mobile Commerce is any transaction, involving the transfer of ownership or rights to use goods and services, which is initiated and/or completed by using mobile access to computer-mediated networks with the help of an electronic device.“
• Third generation (3G) telecommunications is data-capable wireless technologies.
  - Europe purchased 3G licenses in 2000; United States in 2004.
  - $40 billion per year global industry by 2009.