Tag: E-Business

Financial Inclusion through Mobile Technologies

Today, banks are leveraging the advantage of smartphones by combining e-commerce with m-commerce concept. With the mobile payment options, smartphones are likely to become a credit card. Near-field communications through mobile phones have succeeded in making transfer payments easier. With banking applications being developed for tablets and iPads, m-commerce is taking a big hit. The options for premium SMS, Direct mobile billing and mobile based web payments help customers to increase the usage of smartphones. The focus is reaching out to the bottom of the pyramid for financial inclusion and promote e-commerce for this segment. Continue reading “Financial Inclusion through Mobile Technologies”

IMPACT OF SMARTPHONES ON E-BUSINESS

The technologies of today are growing by leaps and bounds. And with the changing technology the ways of business is also shifting. For data, voice and image communications, the world has come together at one place in a form of smartphones. With the advent of “Smartphones” including tablets are becoming increasingly powerful in terms of accessibility of information in e-business. The proliferation of such devices has diverse impacts on various dimensions of IT, business practices and consumer behavior. The reach of smartphone has penetrated to a large extent that information is available to the users at their fingertips. Mobile devices are becoming closer to digital wallets. The mobile phones are no more considered as future technology, it is in fact very much utilized in present context. Continue reading “IMPACT OF SMARTPHONES ON E-BUSINESS”

Types of E-Commerce

Today electronic commerce is fast changing the way firms do business. Every firm who wants to sustain are reinventing themselves and their business models to find out innovative ways to leverage upon the power of the web. No industry or sector is being left out in this innovation and disruption. So what are the various e-commerce models which are striking out in today’s business? Continue reading “Types of E-Commerce”

What is E-Commerce?

E-Commerce is the use of the Internet and the Web to transact business. Main focus in e-commerce is on digitally enabled commercial transactions between and among organizations and individuals. Digitally enabled transactions include all transactions mediated by digital technology. This means transactions that occur over the Internet and the Web. Commercial transactions involve the exchange of value (e.g., money) across organizational or individual boundaries in return for products and services. Exchange of value is important for understanding the limits of e-commerce. Without an exchange of value, no commerce occurs. Continue reading “What is E-Commerce?”

Using E-Commerce Software and Systems

The online marketplace is much more competitive than the high street. Customers can find a new online store anywhere in the world in just a couple of clicks, rather than having to make a physical effort to walk or drive elsewhere. Consequently, first impressions count more than ever and ensuring that your e-commerce site is attractive, appealing and user-friendly is extremely important. This is why you need the right e-commerce software. Continue reading “Using E-Commerce Software and Systems”