Let us begin by defining mobile banking: Mobile banking is essentially a service that enables bank customers to access their bank accounts and associated services provided, over a mobile handset. Other than the mode of access it is not very different from Internet banking but more limited in terms of scope and usability. In contrast [...]

The mobile wallet lies at the heart of a mobile commerce ecosystem. It is an electronic cash repository that can be used to purchase goods and services. All users in the ecosystem are identified by their unique wallets, and all transactions are conducted using these wallets. An ideal wallet based system should be able to [...]

All services that are initiated, terminated or both on a cellular handheld phone and involve the transfer of a commodity from one account to another can be termed as mobile commerce services. mCommerce should not be confused with ecommerce. What ecommerce does is that it uses existing banking and financial systems and facilitates access to [...]