Special Report on
Payments in E-Commerce
Payments in E-Commerce - Trends
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Various applications of e-commerce are continually affecting trends and prospects for business over the Internet, including e-banking, e-tailing and online publishing/online retailing. A more developed and mature e-banking environment plays an important role in e-commerce by encouraging a shift from traditional modes of payment (i.e., cash, checks or any form of paper-based legal tender) to electronic alternatives (such as e-payment systems), thereby closing the e-commerce loop. a) Benefits of e-Commerce • Expanded Geographical Reach • Expanded Customer Base • Increase Visibility through Search Engine Marketing • Provide ...
One of the principal conditions in the e-business is the capacity to accept an electronic form of payment. This form of electronic payment is mentioned like the financial exchange of information electronic (FEDI). FEDI became increasingly popular above the last number of years due to the widespread use of the purchases and the bank transactions based by Internet Credit cards and smart cards During years, the credit cards became the most common forms of payment for the electronic commercial transactions. In first years of B2C, much of consumers were apprehensive to employ their credit cards ... Read More
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PAYMENTS IN E-COMMERCE
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