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M:

M2M
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Mobile Advertising
Mobile Banking
Mobile Commerce
Mobile Content
Mobile Enterprise
Mobile Entertainment
Mobile Interaction
Mobile Messaging
Mobile Payment
Mobile Social Networking
Mobile Ticketing
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Mobile Payment
Mobile payment refers to transactions made on the mobile phone, and is a new, rapidly-growing alternative payment method - especially in Asia and Europe. Consumers have the convenience of using their mobile device to pay for a wide range of services, digital or hard goods such as music, videos, ringtones, transportation fares (bus, railways), books, magazines and event tickets. 

The most used formats to process mobile payments are SMS, direct mobile billing, WAP and NFC (Near-Field Communications).