{"id":34160,"date":"2022-05-20T07:00:51","date_gmt":"2022-05-20T14:00:51","guid":{"rendered":"https:\/\/dhblog.dream.press\/blog\/?p=34160"},"modified":"2026-08-26T11:56:29","modified_gmt":"2026-08-26T18:56:29","slug":"mobile-shopping-m-commerce","status":"publish","type":"post","link":"https:\/\/www.dreamhost.com\/blog\/mobile-shopping-m-commerce\/","title":{"rendered":"The Rise of Mobile Shopping: A Beginner\u2019s Guide to M-Commerce"},"content":{"rendered":"\n

Think about the last thing you bought online. There\u2019s a good chance you did it from the couch, with your thumb. Mobile commerce (\u201cm-commerce\u201d) is any transaction \u2014 a purchase, a payment, a bank transfer \u2014 completed on a mobile device such as a smartphone or tablet.<\/strong> It\u2019s a subset of e-commerce, and it\u2019s massive: eMarketer\u2019s July 2024 forecast projected that 67.4% of the US population would make a purchase on a mobile device in 2024, spending $534.88 billion<\/a> along the way.<\/p>\n\n\n\n

That means if you\u2019re a business owner with an online store, improving the experience for mobile consumers<\/a> is essential. When you provide a positive mobile User Experience (UX)<\/a>, you\u2019ll be able to tap into a massive and continuously growing market.<\/p>\n\n\n\n

In this article, we\u2019re going to take a look at the different types of m-commerce and how they\u2019ve grown in recent years. Then, we\u2019ll show you four ways you can use m-commerce to expand your reach. Let\u2019s get to it!<\/p>\n\n\n\n

What Are the Different Types of M-Commerce?<\/b><\/h2>\n\n\n\n

When we talk about mobile commerce, it\u2019s important to understand that we\u2019re not just referring to e-commerce or online retail<\/a>. Instead, m-commerce is a broad term that encompasses multiple types of industries and operations.<\/p>\n\n\n\n

Any type of operation that involves transacting money over a mobile device (smartphones, tablets, etc.) falls under the umbrella of m-commerce. Now, let\u2019s talk about the most common types of mobile commerce.<\/p>\n\n\n\n

Mobile Banking<\/b><\/h3>\n\n\n\n

Usually, banks enable you to operate through mobile devices using standalone apps on top of their existing websites or online banking platforms. For a large share of US households, that app is now the main way they interact with their bank.<\/p>\n\n\n\n

In the FDIC\u2019s 2023 National Survey of Unbanked and Underbanked Households<\/a>, 48.3% of banked households used mobile banking as their primary method of accessing their accounts \u2014 and the FDIC reports that use of mobile banking as the primary means of account access increased almost ninefold over the past decade.<\/p>\n\n\n

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Some banks and standalone service providers also enable you to invest using mobile applications. That means users can manage both their standard accounts as well as their portfolios through mobile devices \u2014 at any time.<\/p>\n\n\n\n

Mobile Payments<\/b><\/h3>\n\n\n\n

There is a lot of overlap between mobile payments and mobile e-commerce apps. When we talk about mobile payments, we\u2019re referring to platforms and services that enable you to send and receive money and process sales transactions.<\/p>\n\n\n\n

One great example of a mobile payment service is Venmo. According to Business of Apps<\/a> (updated June 2026), Venmo\u2019s annual revenue grew from $160 million in 2017 to an estimated $1.1 billion in 2023, and an estimated 83 million people used Venmo in 2023.<\/p>\n\n\n

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\"venmo<\/figure>\n<\/div>\n\n\n

With Venmo, users can send payments to each other using a simple mobile app. Other similar mobile payment apps enable customers to store money, request loans, and keep comprehensive transaction logs.<\/p>\n\n\n\n

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