"Australia is well positioned to take advantage of the tremendous growth of m-commerce in Asia, where penetration of PCs into the home has been relatively slow but mobile phone take-ups are some of the highest in the world," Mr Kiely said.

Vending machines are a favorite example among those peddling m-commerce concept. Rather than stand in front of a soda machine fishing for a dollar bill that is neither too faded nor too wrinkled, you may someday simply dial the phone number posted on the machine.

Logica has unveiled its M-Commerce suite of services to support mobile e-commerce