SPECIALIZED FORMS OF ECOMMERCE

Specialized Forms of Ecommerce

On some platforms, ecommerce has shown the promise of explosive growth.

@ Micropayments

Payment of any low priced item on the web is done through micropayment systems, which the usual payment system cannot handle easily. The payment amounts are too small to be affordably processed by the credit card or other types of electronically processed transaction mechanisms. The most common uses of micropayments on the Internet include paying for downloads of music, newspaper articles, electronic books or small software etc

@ Mcommerce

Mcommerce is short for "mobile commerce." The rapid penetration of mobile devices with Internet access has opened new avenues of ecommerce for retailers.

@ Fcommerce

Fcommerce is short for "Facebook commerce." The immense popularity of Facebook provides a captive audience to transact business.