An electronic payment system (EPS) is a system of financial exchange between buyers and sellers in the online environment that is facilitated by a digital financial instrument (such as encrypted credit card numbers, electronic checks, or digital cash) backed by a bank, an intermediary, or by legal tender. Continue reading »
written by admin
\\ tags: ECommerce Basic, Ecommerce How, ECommerce Payment, Ecommerce What
The Internet allows people from all over the world to get connected inexpensively and reliably. As a technical infrastructure, it is a global collection of networks, connected to share information using a common set of protocols. Continue reading »
written by admin
\\ tags: ECommerce Basic, Ecommerce How
E-commerce does not refer merely to a firm putting up a Web site for the purpose of selling goods to buyers over the Internet. For e-commerce to be a competitive alternative to traditional commercial transactions and for a firm to maximize the benefits of e-commerce, a number of technical as well as enabling issues have to be considered. A typical e-commerce transaction loop involves the following major players and corresponding requisites: Continue reading »
written by admin
\\ tags: Ecommerce Businesses, Ecommerce Consumers, Ecommerce Government, Ecommerce Internet, Ecommerce Partner, Ecommerce Seller, Ecommerce What
There are at least three major forces fuelling e-commerce: economic forces, marketing and customer interaction forces, and technology, particularly multimedia convergence. Continue reading »
written by admin
\\ tags: ECommerce Basic, Ecommerce What
Things you can’t sell online fall into two categories: items that just don’t sell very well over the Web, and items that are illegal to sell over the Web. Continue reading »
written by admin
\\ tags: ECommerce Basic, Ecommerce Products, Ecommerce Sell, Ecommerce What
The introduction of the new economy has helped to create a very individualistic and independent society. Consumers are no longer totally reliant on corporations and are increasingly looking to conduct their own business transactions. Continue reading »
written by admin
\\ tags: Basic Tutorials, ECommerce Basic, Types of ECommerce
A consumer posts his project with a set budget online and within hours companies review the consumer’s requirements and bid on the project. The consumer reviews the bids and selects the company that will complete the project. Elance empowers consumers around the world by providing the meeting ground and platform for such transactions. Continue reading »
written by admin
\\ tags: Basic Tutorials, ECommerce Basic, Types of ECommerce
B2E (Business to Employee) E-Commerce generally refers to the requisitioning of supplies by employees for use in their jobs, but this really has grown to encompass much more. Continue reading »
written by admin
\\ tags: Basic Tutorials, ECommerce Basic, Types of ECommerce
B2C (Business to Consumer): Refers to a business communicating with or selling to an individual rather than a company. B2C e-commerce jumped from $11.2 billion in 1998 to $31.2 billion in 1999.
Continue reading »
written by admin
\\ tags: Basic Tutorials, ECommerce Basic, Types of ECommerce
B2B is the selling between companies, wholesale rather than retail. But it means more than that. Efficient use of capital demands small inventories, which entails anticipating demand, and so maintaining detailed information flows between all parties involved in today’s complex manufacturing processes. B2B involves widening the circle of suppliers (for safety and competition), and of centralizing control (for records and discounts).
Continue reading »
written by admin
\\ tags: Basic Tutorials, ECommerce Basic, Types of ECommerce