What does M.COM mean in ACCOUNTING
Mobile commerce, or m-commerce, is a form of e-commerce that enables customers to purchase products and services through their mobile devices such as smartphones and tablets. M-commerce has grown in popularity over the past decade with more customers utilizing this type of technology to shop online.
M.COM meaning in Accounting in Business
M.COM mostly used in an acronym Accounting in Category Business that means Mobile Commerce
Shorthand: M.COM,
Full Form: Mobile Commerce
For more information of "Mobile Commerce", see the section below.
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Essential Questions and Answers on Mobile Commerce in "BUSINESS»ACCOUNTING"
What is mobile commerce?
Mobile commerce, or m-commerce, is a form of e-commerce that enables customers to purchase products and services via their mobile devices such as smartphones and tablets.
How does mobile commerce work?
Mobile commerce works by allowing customers to make secure transactions directly from their mobile device. Customers can access an online store from their phone or tablet and securely enter payment information such as credit card numbers. The transaction is then processed using the customer's banking information.
What types of payments are accepted for mobile commerce?
Most major credit cards are accepted for m-commerce transactions, however some merchants also accept payments through digital wallets like Apple Pay or Google Pay. Additionally, some merchants may also accept payments via cryptocurrency, depending on the retailer's business model.
Is mobile commerce secure?
Yes, most m-commerce sites use strong encryption technology and other security measures to protect customer data during a transaction. Additionally, many merchants have additional layers of security such as two factor authentication and Secure Sockets Layer (SSL) certificates to further protect customers during checkout.
Are there any fees associated with using mobile commerce?
Most retailers do not charge fees for using m-commerce but there may be additional fees associated with certain payment methods such as PayPal or cryptocurrencies due to processing costs. Also keep in mind that some merchants may also charge shipping costs if you choose to have the item delivered rather than pick it up in store.
Final Words:
M-commerce has emerged as an important player in the eCommerce market providing convenience and flexibility that many shoppers have come to expect when making purchases online. By understanding how it works, its advantages and disadvantages, shoppers can make informed decisions when shopping via their mobile devices with confidence knowing that their personal data is being kept safe throughout the process.