Business models and transactions in mobile electronic commerce: requirements and properties

Advances in wireless network technology and the continuously increasing num ber of users of hand-held terminals make the latter a possible channel for offering personalized services to mobile users and give pace to the rapid d evelopment of mobile electronic commerce (MEC). MEC operates partially in a different environment than Internet e-commerce due to the special characte ristics and constraints of mobile terminals and wireless networks and the c ontext, situations and circumstances in which people use their hand-held te rminals. In this paper, we discuss the business models in MEC and transacti on modeling issues pertinent for the business models and the environment. ( C) 2001 Elsevier Science B.V. All rights reserved.