11 Facts About Mobile commerce

Mobile commerce is worth US$800 billion, with Asia representing almost half of the market.

Mobile commerce services were first delivered in 1997, when the first two mobile-phone enabled Coca-Cola vending machines were installed in the Helsinki area in Finland.

Two major national commercial platforms for mobile commerce were launched in 1999: Smart Money in the Philippines, and NTT DoCoMo's i-Mode Internet service in Japan.

Since the launch of the iPhone in 2007, mobile commerce has moved away from SMS systems and into actual applications.

Google Wallet Mobile App launched in September 2011 and the m-Commerce joint venture formed in June 2011 between Vodafone, O2, Orange and T-Mobile are recent developments of note.

Related searches

Mobile commerce automated teller machine is a special type of ATM.

Mobile commerce ATMs are usually self-contained units that don't need a building or enclosure.

Unlike traditional ATM, sicap Mobile commerce ATM have been specially engineered to connect to mobile money platforms and provide bank grade ATM quality.

Banks and other financial institutions use mobile commerce to allow their customers to access account information and make transactions, such as purchasing stocks, remitting money.

Ericsson's IPX mobile commerce system is used by 120 mobile carriers to offer payment options such as try-before-you-buy, rentals and subscriptions.

App commerce is said to perform better than both desktop and mobile web when it comes to browsing duration and interactions.