Electrical apparatus and instruments, namely, mobile telephones, smart card readers, and proximity payment processing devices in the nature of electronic card and chip card readers and transponders all using near field communication technology for facilitating commercial transactions through electronic means via wireless networks, global computer networks and mobile telecommunication devices; computer operating system software for facilitating commercial transactions through electronic means via wireless networks, global computer networks and mobile telecommunication devices; telecommunications equipment, namely, telephones and mobile telephones for facilitating commercial transactions through electronic means via wireless networks, global computer networks and/or mobile telecommunication devices; downloadable software and software sold pre-loaded on mobile phones that allow users to scan coupons, rebates, discounts, vouchers and special offers from online websites featuring Near field communication (NFC) technology-enabled promotional posters, and transmit the same to mobile phones and other mobile telecommunication devices for redemption at retail or wholesale establishments, or virtual point of sale terminals; software application for use in connection with electronic payment terminals for the purpose of allowing merchants to accept electronic mobile commerce transactions, electronic display of loyalty credentials, and electronic redemption of coupons, rebates, discounts, vouchers and special offers; software application that allows merchants to transmit coupons, rebates, discounts, vouchers, and special offers directly to the mobile telecommunications devices of consumers; software application that allows merchants to transmit smart posters to retail and wholesale in-store locations that consumers can then access with their mobile telecommunications devices to scan coupons, rebates, discounts, vouchers and special offers therefrom; software application that allows electronic payments; software application that allows for uploading of loyalty card credentials onto mobile telecommunication devices; software application for retail and wholesale merchants that enables their consumers to digitally transfer coupons, rebates, discounts, vouchers and special offers from websites, emails or other digital medium directly to their mobile telecommunications devices for use in purchases; software sold pre-loaded on mobile telephones and other mobile telecommunication devices that enables users to perform electronic mobile payments and electronic commerce transactions automatically without having to open a specific software application