Saturday, February 21, 2009

Selfbank Mobile Banking Global

“Mobile Commerce is any transaction, involving the transfer of ownership or rights to use goods and services, which is initiated and/or completed by using mobile access to computer-mediated networks with the help of an electronic device.” “E-Commerce over mobile devices.” (Robinson-Humphreys) M-COMMERCE has only reached 1.5% market penetration.I CAN say i have not met any people doing mobile commerce yet.” Mobile Commerce refers to any transaction with monetary value that is conducted via a mobile telecommunications network.” (Durlacher) PDAs and cellular phones have become so popular that many businesses are beginning to use m-commerce as a more efficient method of reaching and communicating with their customers. Although technological trends and advances are concentrated in Asia and in Europe, Canada and the United States are also beginning to experiment with early-stage m-commerce.Globally the PHILLIPINES has the most m-commerce concentration.I have been following the beta launch of Selfbank Mobile product for U.S and Canada and other places around the globe soon. Product benefits for the merchant and customer…
Customer Benefits:1 - Buy items using your phone.2 - Send money to family or friends at a fraction of the cost.3 - No credit no problem! Everyone be the bank…4 - receive cash back rewards at participating merchants.Merchant Benefits:1- Lower interest rates.2- Green Solution! No more receipts.3- No charge back! Guaranteed!4- Instant depositing. No more waiting for funds!5- Refer customers into our program and get paid!
Interesting,e-commerce has Exponential growth of consumer interest and adoption of the Internet for e-commerce. m-commerce has the ability to be 10 times stronger. Cell phones have over 50% global market penetration, it will be interesting to see as m-commerce rolls out… For more info Selfbank Mobile http://www.buzz2u.info .Website shows beta information .. Have a good one..