People, in general, don’t like carrying stacks of money while traveling. This is the reason for the massive success that e-commerce gained when it was launched. With the passing years, a subcategory of e-commerce came into being called m-commerce. Though most of you might think e-commerce and m-commerce are synonyms that are not the case. This piece will help you know the significant differences between e-commerce and m-commerce. Let’s dive in!
What is e-commerce?
This is likely to be the first question that should come to your mind. So, electronic commerce is referred to as e-commerce. When you engage in the process of selling and buying products via the internet, you are using e-commerce through eCommerce development. This is because you are using an electronic mode for your transaction. Not only products, but you can also purchase various kinds of services via e-commerce. Transactions that are based on e-commerce require a laptop or a desktop. Thus we can say that e-commerce sums up the process of making payments online while doing shopping via laptops or computers. E-commerce examples include Flipkart, Amazon, Myntra, Olx, Snapdeal, etc.
What is m-commerce?
M-commerce is referred to as mobile commerce. It is considered to be a subcategory of e-commerce. When you engage in online transactions, which are done via wireless devices, mainly your mobile phone, with the help of m-commerce, you can make payments anywhere, anytime. The only requirement is that your wireless device has to have an internet connection. Lately, m-commerce is gaining massive popularity since it is providing its users with a lot of ease.
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Significant differences between e-commerce and m-commerce
E-commerce applications commonly use debit and credit cards for transactions. But you are aware of the fact that most monetary frauds occur via credit or debit cards. Major online fraud takes place due to the misuse of debit and credit cards. Breaching of card data, theft of the card, and other online frauds make these cards not a safe mode of transaction. M-commerce, on the other hand, is way more secure than e-commerce. Even various surveys held by Mastercard prove that m-commerce applications are safer to use. Today, more people are converting to digital wallets, mobile wallets, QR codes, and cryptocurrencies. The integration of mobile websites with digital wallets such as Google Pay makes it safer! Thus, when talking about security, m-commerce is stronger than e-commerce.
Medium of use
E-commerce needs electronic devices such as laptops or computers. In other words, they function from a wired device. On the other hand, m-commerce also needs an electronic device, but wireless, such as a mobile phone.
Portability and mobility
E-commerce applications require a wired device for their operations, such as laptops or desktops. So if you intend to buy something, you need to travel to your home or the nearest place where a laptop or computer is available. On the other hand, when talking about m-commerce applications, they operate on wireless devices like mobile phones, tablets, etc. So you can buy it then and there if you need to purchase something since you carry phones and tablets. Thus, e-commerce devices are more portable and mobile than e-commerce devices.
Time of introduction in the market
E-commerce was introduced in the market in the 1970s, whereas m-commerce was introduced later in the 1990s. E-commerce is considered a revolution in the commerce industry, and m-commerce is its subcategory. M-commerce is the same as e-commerce; the only difference is the medium of operation.
E-commerce, as well as m-commerce applications, allow location tracking. E-commerce functions via computers and laptops, which provide you with IP addresses. But if you notice carefully, the IP addresses never reveal the exact location. Instead, they show the broader area where this computer is. In the case of m-commerce, location tracking is supported by GPS signals. So if you are using e-commerce, your advertising will not be as effective as it will be in the case of m-commerce. However, with the help of m-commerce, you can check where your potential customers are and keep on sending them promotional codes or coupons.
Usage of internet
Internet connection is mandatory for e-commerce services. But with m-commerce services, this isn’t the scenario. Though most m-commerce applications require internet connectivity, a few m-commerce applications are available without internet access.
The term omnichannel means you can surf various other websites and channels for a smoother shopping experience. The omnichannel facility is limited when it comes to e-commerce shopping. This is due to their restrictions on mobility. But m-commerce provides better mobility. It uses the channels of e-commerce and tries to expand connections efficiently. M-commerce provides better reachability.
Both e-commerce and m-commerce have come in immense use since they were discovered. Both hold unparalleled significance in the field of commerce. But after proper analysis, you can say that m-commerce is more mobile and secure than e-commerce. Also, m-commerce provides you with an omnichannel facility which is somewhat limited in e-commerce. We hope you can understand the difference between e-commerce and m-commerce well.