Connected commerce is about effectively connecting publishers and developers of digital goods, their products, their retailers and resellers, their customers, as well as the connected objects (Internet of Things (IoT)) to all happen as single transaction.
Ubiquitous Commerce also known as U-Commerce, u commerce or uCommerce, refers to a variety of goods and/or services. Sometimes, it is used to refer to the wireless, continuous communication and exchange of data and information between and among retailers, customers, and systems (e.g., applications) regardless of location, devices used, or time of day.
Social commerce[1] is a subset of electronic commerce that involves social media, online media that supports social interaction, and user contributions to assist online buying and selling of products and services.
Social commerce aims to assist companies in achieving engaging customers with their brands according to the customers’ social behaviors. It also provides an incentive for customers to return to their website. Additionally it provides customers with a platform to talk about their brand on their website. Fourthly, it provides all the information customers need to research, compare, and ultimately choose you over your competitor, thus purchasing from you and not others.
Idea is to build informed customer who’s needs to research, compare, and ultimately choose you over your competitor is achieved objectively, thus allowing educated transaction that showcases your strengths from others.
New ways to pay with mobile devices using mVisa and Visa Checkout, as well as a number of wearable contactless payment devices, such as Barclaycard’s bPay wristbands, keychains and stickers are all being launched.
VISA new Innovative solution include, payment authentication prototypes leveraging biometrics, pay at the register with the simple wave of hand, or through facial recognition and fingerprint capabilities on mobile devices…
Connected Commerce™ solves the unique challenges of retailing connected products. These sales require complex catalog mappings, extensive API integrations into service providers, serialized control of inventory, unique pricing and promotional capabilities, specialized fraud and credit controls, and backend financial receivables settlements that are not built into mainstream retail point of sales or e-commerce platforms.
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