M-commerce is defined as any transaction with monetary value that is conducted via a mobile telecommunication network. M-commerce like E-commerce can be B2B (business to business), P2P (person to person) or B2C (business to customer) oriented. The framework divides into couple sub areas based on user’s distribution criterion. Mobile E- commerce addresses electronic commerce via mobile devices, where the consumer is not in physical or eye contact with the goods that are being purchased. On the contrary in M-trade the consumer has eye contact with offered products and services. In both case the payment procedure is executed via the mobile network.
M-commerce, E-commerce, telecommunication
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