This document discusses mobile commerce and outlines a plan to develop a mobile commerce application. It defines mobile commerce as buying and selling through mobile devices. The objectives are to enable online ordering and reduce manual processing time. It covers e-commerce, m-commerce, benefits of m-commerce, and key issues like security, location, usability and regulations. Diagrams show overall system architecture and payment processing. The work plan is to create an admin script, Android app, and web service to integrate a website and app. References on mobile and web development technologies are also provided.
3. OBJECTIVES
To buying and selling of a product is conducted
over electronic systems such as the Mobile.
The customers of today are convenient and
attracted by online shopping.
To receives a message that the order has
been successfully placed.
To reduce the Manual processing time.
4. What Is E-Commerce ?
Ecommerce applications allow consumers to
buy goods or services directly over the Mobile
Apps. This online shopping evokes the
business-to-consumer (B2C) process where a
consumer buys directly from the business. The
process where a business buys from another
business is called a business-to-business (B2B)
process.
5. What Is M-Commerce ?
Mobile commerce (m-commerce) is the buying and selling of goods and
services through wireless handheld devices such as Smartphones and Tablets.
It includes the following features:
Creates opportunity to deliver new services to existing
customers and to attract new customers
Allows direct access to information on the go
Can be done via the Internet, private communication lines,
smart cards, etc.
6. Why Mobile Commerce?
Online retailers stepped-up their mobile commerce promotions resulting in a
significant increase in mobile traffic and mobile sales.
Globally, consumers are likely to spend $119 billion by 2015 through their
mobile phones, which will account for 8% of all e-commerce activity.
According to research projections, mobile commerce will cross $30 billion by
2016, growing at a 40% compound rate, in US alone.
In 2013 more people will use mobile phones than PCs to get online.
7. Evolution Of Mobile Payments
Mobile payments are playing a vital role in increasing the market share of mobile
commerce in ecommerce market.
Mobile payments will reach $90 billion in 2017. Forrester Research, U.S.
48% compound annual growth rate (CAGR) from $12.8 billion spent in 2012. Forrester Research,
U.S.
Sales through Smartphones will grow, reaching $13.44 billion in 2013 and $24.32 billion by 2016.
e-Marketer
28% of Smartphone owners use the device for buying products online.
Shoppers made purchases worth $25 billion in 2012 using their Smartphones and tablets.
8. Mobile Commerce: Beyond e-commerce
Mobile commerce has gone beyond e-commerce in a lot of ways:
Interaction to a wider audience in a more personalized way
Opportunity to connect information with objects in a more direct way
Massive global adoption
Potential to bridge the digital divide
Allow organizations and individuals to reach out to one another more easily
9. Mobile Payment Gateway Integration
M-commerce sites will be complete only by integrating a reliable payment gateway to
process credit cards, e-checks, and other payment modes. Payment processing for all
major mobile platforms like iOS, Android, BlackBerry.
Benefits of Payment Gateway Integration:
Flexible service
Cost effective solution for money transaction
Real time payment
Secured over internet
Easy installation
Quick processing of transaction
Instant information processing
Online payment receipt
Complete transaction history
10. Key Issues in Mobile Commerce
* Security in mobile commerce
* Location management issues
* Limitations of mobile devices
* Ethics and Privacy
* Wireless Infrastructure
* Usability
* Legal and Regulatory challenges
* Consumer Trust
* Interoperability and Compatibility