'Internet Banking Essay\r'

'Therefore, since U. K. consumers make used to browsing and shopping online, there ar factors that U. K. smooth carriers should pay attention. The factors are to find and collaborate with liquid craft providers so that they can move on the M-Commerce traffic and thus, revenue. The potential of demeanoring sprightly commerce in the U. K. also bases on the facts that the country has many mobile subscribers. According to International Telecommunication Union (2006), U. K. has 61 million of mobile customers as of January 2006. If 20% of the customers (15 million users) are active subscribers of M-commerce with average spending $ cytosine per month.\r\nTherefore, the market for mobile commerce in the UK is $18 billion per year. The condition highlight that mobile commerce is attractive service that mobile service providers the likes of Vodafone must develop by collaborating with merchants and content providers (cp) that reach the mobile commerce applications. The development of m-commerce is also approve up by the recent development on 3G (third generation) mobile technology that gives opportunity for subscribers to have express access to browse internet via mobile phones and conduct m-commerce transaction.\r\nBritish Telecom, for example, estimates that in 2002 they have about 150,000 customers of broadband services that is potential to be the active users of mobile commerce (Verdin, 2002) Recent progress and invention in mobile and wireless technologies has caused the transubstantiationing paradigm shift from desktop computers to mobile devices. Recently, it is usual to find consumers utilise their Personal Digital Assistants (PDAs), smart phones, and notebooks that strengthen the facts that patronage has gone mobile so that the consumers can do all things over wireless gadgets the same with doing by desktop computer (Intel, 2004).\r\nThe improvement in mobile devices capability also attracts customers to buy unexampled phones and new customers s egment that also target teenagers. This condition becomes issues for telecom companies and content providers to develop new killing applications similarly voice communication that will increase the integrated revenue. The new application is data communication that comes in many forms. Concerning data communications, this paper has discussed several issues/challenges and opportunities in UK mobile telephone industry.\r\nTo be specific, the point of intervention is about the development of mobile commerce (M-Commerce) that takes advantages of increase number of mobile users and the development of computer technology.\r\nReferences\r\nAmerican National Bank. (2001). Internet Banking Features & Benefits. Retrieved December 13, 2007 from http://www. americannationalbank. com/i_features. cfm Arthur D. petite Int. Gmbh. (2001). Key Success Factors for M-Commerce. Presentation for Berlecon Research\r\n'