Issues and Challenges in E-Commerce and M-Commerce: A Review

E-commerce is widely considered the buying and selling of products over the internet, but any transaction that is completed solely through electronic measures can be considered e-commerce. E-commerce is subdivided into three categories: business to business or B2B, business to consumer or B2C and consumer to consumer or C2C also called electronic commerce. M-commerce is a term that is used to refer to the growing practice of conducting financial and promotional activities with the use of a wireless handheld device. The term m-commerce is short for mobile commerce, and recognizes that the transactions may be conducted using cell phones, personal digital assistants and other hand held devices that have operate with Internet access. E-commerce Security is a part of the Information Security framework and is specifically applied to the components that affect e-commerce that include Computer Security, Data security and other wider realms of the Information Security framework. E-commerce security has its own particular nuances and is one of the highest visible security components that affect the end user through their daily payment interaction with business. The purpose of this research paper is to identify factors affecting the adoption of M-commerce. The significant growth of M-commerce application is remarkable in India. More and more consumer is transferring to M- commerce to achieve better and fast transaction into market. M-commerce is emerging level in India. The astounding rate growth in mobile penetration in India, higher mobile technology and networking is coming day by day. Now a mobile phone is not only use for text SMS or phone call but also be used for many other activities like browsing of net chatting or other virtual activities. This paper’s theoretical contribution is to explain how’s M-commerce is developing in India and to identify clear contexts and assistant mechanism.