However, developing m-commerce applications is only one part of the equation. For mobile e-commerce to be successful, we'll need to adopt a number of mobile payment platforms too.

然而，移动商务的应用程序开发只是其中的一部分，移动电子商务若想成功，还需要建立起一系列的手机支付平台。

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Mobile payment is one the most important parts of mobile E- commerce.

移动支付是移动电子商务中的最重要的部分之一。

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Especially, because payment is an important procedure of the commercial affair, mobile E-Commerce will unavoidably promote appearance and application of mobile payment.

特别是支付作为商务活动中的一个重要流程，移动电子商务不可避免地促进了移动支付的出现与应用。

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Others think that auctions will force up mobile-telephony prices, because telecoms firms will pass on the costs, so slowing the development of mobile e-commerce.

ECONOMIST: The price is right

Felicis focuses on five areas: mobile, e-commerce, enterprise, education and healthcare (See infographic below).

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Katherine Barr is a Partner at Mohr Davidow Ventures, a venture capital firm investing in digital media, mobile and e-commerce startups.

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