What is Ecommerce and Mcommerce?

What is Ecommerce and M commerce? Why M commerce is very popular at this time?

E-commerce refers to businesses and consumers buying and selling products online. E-commerce does not only refer to the selling of physical products, it can also refer to the selling of services where payments for the services are made online.

Mobile Commerce, also known as M-Commerce or mCommerce, is the ability to conduct commerce using a mobile device, such as a mobile phone, a PDA, a smartphone, or other emerging mobile equipment such as dashtop mobile devices.

Mobile commerce is becoming a fact of life.Smarter smartphones are crowding the market, making feature phones available at lower and lower price points. LTE networks are bringing efficiencies to operators, and broadband-like capabilities to consumers. Apps are making commerce smarter and more social by incorporating location awareness, inventory, loyalty, reviews and friend networks.

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