E-COMMERCE

1) E-COMMERCE
    What u guys understand with this subtopic? Let me explain what it is mean. It is a business that is conducted over the Internet using any of the applicationa that rely on the Internet. Also includes:

 
    










Plus, there are some types of e-commerce which is:

• Business to Business (B2B)
  B2B ecommerce transactions are those where both the transacting parties are businesses
• Business to Consumer (B2C)
  When businesses sell electronically to end-consumers, it is called B2C ecommerce.
• Consumer to Consumer (C2C)
  Transactions were virtually non-existent in recent times until the advent of ecommerce

Next, let see the example of e-commerce. It is very interesting!

online auction

electronic payment

 online shoppin

2) E-BANKING 

Online banking or Internet banking allows customers of a financial institution to conduct financial transactions on a secure website operated by the institution, which can be a retail or virtual bank, credit union or building society. E-banking also have common features which consist:

• viewing account balances
• viewing recent transactions
• downloading bank statement
• viewing images of paid cheques
• ordering cheques books
• ordering cheque books
• funds transfers between the customer's linked accounts
• paying third parties, including bill
• investment purchase or sale
• loan applications and transactions such as repayment of enrollments
• financial institution administration
• management of multiple users having varying levels of authority
• transaction approval process

3) SECURITY (ONLINE TRANSACTION)

Online transactions take place at record speed, oftentimes faster than a standart cerdit card transaction or check processing. Plus, online transactions can be monitored, recorded and key logged by a variety of hackers and 3rd parties without the knowlwdge or consent of the user.

The following list provides some tips on how to make sure your transaction is secure:

• use the latest Internet browser
• look for difital certificates
• read the privacy policy
• only use one credit card
• never give out passwords or user ID information online unless you know who are you dealing with
• keep records of all of your Internet transactions
• after you've made purchases online, check your e-mail
• not sharing password

3) ENTERPRISE WIDE TECHNOLOGIES & METHODOLOGIES

1. Collaboration Key - companies set up smart hubs that are not only used by their own customers, but also interact with other companies sites.
2. Breaking barries - allowing constant updates of information related to inventory, product availabilit and shipping status.
3. Supercharged Kiosks - the customer could even purchase the TV from the kiosk for later deliver.
4. IM's New Role - instant messanging likely will be beefed up to handle everday business processes
5. Speeding Things Up - the real-time aspect of future e-commerce technologies will allow users to engage in "threaded discussions" as they negotiate contracts and share data
6. On the same page
7. Wireless e-commerce - also called mobile commerce or m-commerce