Thanks to the near ubiquity of technology, e-commerce is everywhere. In 2014, consumers worldwide spent more than $1 trillion via e-commerce platforms, and 2015 is on track to be even better, with a 6.4% uptick in sales globally as mobile commerce continues to gain momentum. Though born out of e-commerce, m-commerce cannot be regarded as merely an extension of its predecessor. It presents its own advantages and opportunities when collaborating with Internet-based platforms.
As innovative forms of payments emerge every day, it's important for merchants to adapt and process transactions the way customers want, whether it's in-store, online or on-the-go via a mobile device. Consider the following differences between e-commerce and m-commerce to boost the digital payment experience:
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
- Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
