2. M-Commerce definition & history
"Mobile Commerce is buying and selling of goods and
services through wireless handheld such as cell phone
and personal digital assistants(PDA’s)”.
Mobile
Commerce Services were first delivered in
1997, when the first two mobile-phone enabled Coca Cola
vending machines were installed in Finland.
Since the launch of the iPhone, mobile Commerce has
moved
away
from
SMS
systems
and
into
actual
applications.
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3. Future of M-commerce
According to new analysis from Juniper
Research, consumer demand for mobile money
transfer services will see users exceed 500 million
globally by 2014, principally in developing
countries.
Africa ,Middle East ,China and the Indian will be
the leading regions for national mobile money
transfer services in 2014
Sophisticated mobile financial services such as
loans and savings accounts can add to the
attractiveness of mobile money services
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