characteristics of mobile commerce

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 Uma asked over 3 years ago

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 veeru answered almost 3 years ago

Simple Authentication - Devices like SIM, PIN are effective Instant connectivity Always-on - Always-on feature, hence convenient Ubiquity - Services available anywhere Localization - Localized Content and Services Immediacy - available Services anytime Provision for cash deposits and withdrawals. Ability for third parties to make deposits into a user account.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 narahari answered about 3 years ago

Simple Authentication - Devices like SIM, PIN are effective Instant connectivity Always-on - Always-on feature, hence convenient Ubiquity - Services available anywhere Localization - Localized Content and Services Immediacy - available Services anytime Provision for cash deposits and withdrawals. Ability for third parties to make deposits into a user account. Ability to make retail purchase.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 veeru answered about 3 years ago

Simple Authentication - Devices like SIM, PIN are effective Instant connectivity Always-on - Always-on feature, hence convenient Ubiquity - Services available anywhere Localization - Localized Content and Services Immediacy - available Services anytime Provision for cash deposits and withdrawals. Ability for third parties to make deposits into a user account. Ability to make retail purchase. Over-the-air prepaid top-ups using the cash already in the account.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 veeru answered over 3 years ago

Simple Authentication - Devices like SIM, PIN are effective Instant connectivity Always-on - Always-on feature, hence convenient Ubiquity - Services available anywhere Localization - Localized Content and Services Immediacy - available Services anytime Provision for cash deposits and withdrawals. Ability for third parties to make deposits into a user account. Ability to make retail purchase. Over-the-air prepaid top-ups using the cash already in the account. The ability to transfer cash between users account. Provision for bill payments.

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Data?1494421730 rohit awasthi answered over 3 years ago

Dear Friend > Characteristics of Mobile Commerce 1. Simple Authentication - Devices like SIM, PIN are effective 2. Instant connectivity Always-on - Always-on feature, hence convenient 3. Ubiquity - Services available anywhere 4. Localization - Localized Content and Services 5. Immediacy - available Services anytime 6. Provision for cash deposits and withdrawals. 7. Ability for third parties to make deposits into a user account. 8. Ability to make retail purchase. 9. Over-the-air prepaid top-ups using the cash already in the account. 10. The ability to transfer cash between users account. Provision for bill payments. Ubiquity - It means that the user can avail of services and carry out transactions largely independent of his current geographic location. Immediacy – It provides real-time availability of services. Localization - Location based services such as GPS, allow companies to offer goods and services to the user specific to his current location. Instant connectivity - This feature brings convenience to the user, due to introduction of services like GPRS which keeps users always in touch and connected. Simple authentication - Mobile telecommunication devices function with an electronic chip called SIM, which is easily identifiable. This in combination with an individual Personal Identification Number (PIN) makes the authentication process simple. It has two fundamental characteristics - mobility and reachability. Mobility capability of mobile devices provides users with a free of time and location. Reachability on the other end is directly related to mobility.

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 lochan answered over 3 years ago

**CHARACTERISTICS OF MOBILE COMMERCE** 1. Fast Processing: One important characteristic of mobile commerce is that it allows the user to process a transaction fast. Not only does the customer receive his item almost instantly via download, e-mail or another form of electronic delivery, the business owner receives payment for his product or service more quickly compared to traditional methods. The customer must set up a payment option, such as a credit card or an agreement to pay using a specified account, to process the payment immediately before downloading the item. Of course, the speed of delivery is dependent on the reliability of the Internet and network services. 2. Reduced Business Costs: Mobile commerce also helps reduce costs for the seller. She rarely needs to pay for a separate office space, overhead costs or employees. In some cases a small business owner who sets up a mobile commerce operation doesn't need an office at all. The seller can monitor sales online or by receiving statements from a processing service. The main expense for this type of business owner is advertising to disseminate information on how users can access the product or service. The lowered cost allows the business owner to take advantage of a higher per-sale profit. He also can offer the product at a lower price compared to delivery in other formats. 3. Little Need for Maintenance: Another characteristic of mobile commerce is that it requires very little maintenance from the seller. The owner sets the product up for mobile delivery one time and then receives payment for sales automatically. From time to time, he may need to perform a few maintenance duties, such as correcting a technology error or updating the product, but overall it is a selling format that requires very little management compared with other selling strategies. Thanks

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