In: Economics
1. The differences between E-commerce and M-commerce
Both of these terms have different meanings though both aim at making consumer lives easier. To better understand the differences between E-commerce and M-commerce, please have a look at the following table
| E-commerce | M-commerce | |
| Definition | Electronic Commerce (or also called E-commerce) refers to the activities of buying and selling products and services with the use of electronic systems such as the internet. | Mobile Commerce (or also called M-commerce) refers to the process of buying and selling products and services with the use of internet/cellular data via wireless handheld devices. |
| History | 1970’s | 1990’s |
| Devices used | Computers, laptops… | Wireless handheld devices such as cell phones, iPads, tablets… |
| The use of Internet | Mandatory | Not mandatory(allow the use of offline mode, might not work properly though) |
| Connectivity | Smaller | Larger owing to the bigger number of mobile users |
| Mobility | Limited | Less limited because of lighter weight and smaller size leading to easier to carry |
| Reach | Only at the places where the electricity and the internet are available | Broader due to its portability |
| Payment gateway | Credit cards | Caller’s rate, mobile banking or user’s credit card |
| Usage | Less simple because of a more complicated user interface and more functions | Simple because all functions have been simplified |
| Platform used | Web stores | Web stores (mobile version/web app), hybrid app, native app |
| Cost | Less costly for the creation a web store and the use of internet | More costly for the creation of a mobile app and the use of cellular data |