Yearly Archives: 2012

Explain Different Types of e-Payment Security Schemes in e-Commerce

Explain E-payment Security Schemes Following are the e-payment security schemes1) Encryption 2) Certificates & Certificates Authority (CA) 3) Digital Signature 4) Digital Envelop 5) Message Digest 6) Transaction Certificates and Time Stamp (1) Encryption Encryption refers to changing a message into unreadable form. Later the encrypted message can be converted into readable form by Decryption.There… Read More »

Difference Between Debit Card and Credit Card

Difference Between Debit Card and Credit Card:         Debit Card Credit Card 1.      Debit card id equal to your account value. 2.      It is an Asset 3.    To use a debit card customer should have      sufficient balance in his / her bank account.   4.      It is like a Prepaid system 5.     You cannot buy an… Read More »

Explain Advantages and Disadvantages of Credit Cards

Credit Card The Credit Card is plastic credit card with a magnetic strip issued by a bank or financial institution. Holders of a valid credit card have the authorization to purchase goods and services up to a predetermined amount, called a credit limit. Explain Advantages and Disadvantages of Credit Cards The vendor receives essential credit… Read More »

Explain Credit Card Payment System

Electronic Credit Card System on Internet Credit cards are the most popular E-Payment method. The Credit Card is plastic credit card with a magnetic strip issued by a bank or financial institution. Holders of a valid credit card have the authorization to purchase goods and services up to a predetermined amount, called a credit limit.… Read More »

Types Of e-Commerce

Types/Categories/Modes of e-commerce. There are three main types of e-commerce as follows: 1) Business To Consumer (B2C) B2C ecommerce consists of selling goods and services to individual consumers. In this type, consumers or customers can visit the website and purchase goods online. The website will have a StoreFront. This storefront will show product details, pictures… Read More »

Difference Between Electronic Market and IOS

IOS E-Market 1 IOS may use private or publicly accessible network. E-Market may use publicly accessible network. 2 Customer supplier relationship is determined in advance. It is expected that it is ongoing relationship for multiple transaction. Two types of relationship (i) Customer to seller linkage is established at time of transaction for one time only. … Read More »

Classification of e-Commerce Applications

Electronic Market: is a place where online shoppers and buyers meet. E-market handles business transaction including bank-to-bank money transfer also.  In e-market, the business center is not a physical building.  But it is a network-based location where business activities occur.  In e-market, the participants like buyers, sellers and transaction handler are not only one different… Read More »

Role of E-Commerce in Daily Life

Role of e-commerce The role of e-commerce in daily life is becoming very important. This is the age of computer and internet. People find it easy to shop online and find the ordered goods on their door step. E-commerce can be used in the following ways: 1) Online Education Online education is becoming very popular.… Read More »