E-commerce about? Electronic commerce is defined as the buying and selling of products or services over electronic systems such as the Internet and to a lesser extent‚ other computer networks. It is generally regarded as the sales and commercial function of e-Business. There has been a massive increase in the level of trade conducted electronically since the widespread penetration of the Internet. A wide variety of commerce is conducted via e-commerce‚ including electronic funds transfer‚ supply
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CHAPTER TWO LITERATURE REVIEW 2.1 AN OVERVIEW OF E-PAYMENT AS A METHOD. E-payment is a subset of an e-commerce transaction to include electronic payment for buying and selling goods or services offered through the internet. Generally we think of electronic payments as referring to online transactions on the internet‚ there are actually many forms of electronic payments. As technology is developing‚ the range of devices and processes to transact electronically continues to increase while the percentage
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SECURE ELECTRONIC TRANSACTIONS Introduction Secure Electronic Transactions (SET) is an open protocol which has the potential to emerge as a dominant force in the securing of electronic transactions. Jointly developed by Visa and MasterCard‚ in conjunction with leading computer vendors such as IBM‚ SET is an open standard for protecting the privacy‚ and ensuring the authenticity‚ of electronic transactions. This is critical to the success of electronic commerce over the Internet; without privacy
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Electronic Data Interchange * Electronic data interchange (EDI) is the structured transmission of data between organizations by electronic means‚ which is used to transfer electronic documents or business data from one computer system to another computer system‚ i.e. from one trading partner to another trading partner without human intervention. It is more than mere e-mail; for instance‚ organizations might replace bills of lading and even cheques with appropriate EDI messages. It also refers
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With the trend in video games moving toward online play‚ can Electronic Arts be effectively competitive in the future while refusing to design games with this capability for the XBox 360? Being the biggest selling online gaming console system on the market‚ is it wise to challenge Microsoft’s policy of no royalties or subscription fees paid to developers? Electronic Arts may need to look past this challenge in upcoming years or face the very real possibility of losing massive market share. As
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Electronic cigarettes are on the rise‚ and since their introduction to America in 2006‚ they have had overwhelming acceptance coupled with overwhelming questioning. Many questions focus on whether or not electronic cigarettes are actually healthier for the consumer‚ and what makes electronic cigarettes function. Are Electronic Cigarettes Better for Your Health? While many people have switched to electronic cigarettes to avoid the well-known harmful effects of tobacco and tobacco smoke‚ others are
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Types of Electronic Communication The Internet has provided new ways to communicate using various tools for electronic communication. Today‚ organizations interact differently with their various stakeholders – board members‚ employees‚ customers and suppliers – depending on the nature of the message‚ the goals‚ and the strengths of the available tools‚ such as telephone‚ e-mail‚ fax‚ voice mail and text messages. One of the major advantages of electronic communication is that it lets you combine
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Application for the LearnLink Project. Foundations of Electronic Commerce Overview E-commerce‚ a prime driver of the global economy‚ has changed business processes worldwide‚ increasing logistical efficiencies and facilitating the buying‚ selling‚ and marketing of goods. Similarly‚ e-commerce has benefited millions of consumers through decreased prices‚ increased competition‚ and faster order and delivery times. Large and small companies across multiple industries depend on e-commerce applications
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half a million deaths in the United States each year. Unlike traditional cigarettes‚ electronic cigarettes are battery powered cigarettes that vaporize nicotine without the threat of cancer. While some doctors feel that electronic cigarettes are beneficial to smokers‚ experts fear they will replace traditional cigarettes and that they will become highly addictive among young people. Although the use of Electronic cigarettes has been debated by many countries to prohibit the utilization of these harmful
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Electronic Retail Payment Systems: User Acceptability and Payment Problems in Nigeria 1.1 Introduction The world has witnessed an upsurge of electronic payment instruments meant to facilitate trade and simplify payments. (Abor‚ 2004) Before the introduction of electronic payment into the Nigerian banking system‚ all customers had to walk into the actual bank to do transaction of all kinds. Customers had to queue up and spend more hours to talk to a teller to make their transactions. (Abor‚ 2004)
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