Following are the benefits of EDI:- Speed:- Information moving between computers moves more rapidly and with little or no human intervention. Sending an electronic message across the country takes minutes or less. Improved problem resolution:- EDI responds quickly to business enquiries and transfers of documents with an automatic audit to ensure accuracy and consistency. EDI … Read more
Direct marketing is a very popular and widely method of informing people about products and services in order to make sales. It’s a method of contacting customers and potential customers personally. Using e-commerce, companies provide credit and electronically buying facilities to a customer in order to facilitate the customers and to attract the attention of … Read more
E-commerce: – E-commerce refers to a wide range of online business activities for products and services. It also pertains to any form of business transaction in which the parties interact electronically rather than by physical exchanges or direct physical contact. E-commerce is the use of electronic communications and digital information processing technology in business transactions … Read more
“Smart card is a thin, credit card-sized piece of plastic that contains a half-inch-square area that serves as the card’s input\output system. This is its sinter face with the outside world, and handles a variety of applications.” Following are the uses of smart card:- A smart card is used to provide users with the ability … Read more
Copyright is a group of property rights granted to the creators of literary, artistic, musical, dramatic and audiovisual works. Its gives the creators of these works the exclusive right to reproduce and distribute copies of their works, to create derivative works, and to perform and display the works publicly. Copyright also gives creators and authors … Read more
E-commerce security is an important managerial and technical issue. E-commerce security is concerned with unauthorized access to important data resources. Some e-commerce threats are controllable, some are partially controllable and some are completely uncontrollable. Some are intentional, while others are made unintentionally. E-commerce Security A comprehensive e-commerce security system protects hardware, software, procedures, customers, personnel … Read more
Smart cards are a thin, credit card-sized piece of plastic that contains a half-inch-square area that serves as the card’s input/output system. This is its sinter face with the outside world and handles a variety of applications. A smart card contains a programmable chip, a combination of RAM and ROM storage, and an operating system … Read more
Types of e-wallets based on the location of storage:- Electronic wallets fall in two categories based on where they store the consumer’s information: Server-sit electronic wallet:- A server-side electronic wallet stores a customer’s information on a remote server belonging to a particular merchant or wallet publisher. For example, if you enter your information on a … Read more
Features of Electronic Wallet:- Electronic wallets are commercially available for pocket, palm-sized, handheld, and desktop PCs. Most sites do not rely on wallets because their implementation forces the user to download the software and to establish a relatively complicated configuration. Buyer enters the purchase details and their ID and sends it over the Internet to … Read more
eWallet:- An electronic wallet, also called a digital wallet, is a piece of software that allows a user to make an electronic payment with a financial instrument. An eWallet serves many purposes: It provides security and encryption for the user’s personal information and for the actual transaction. It keeps a database of user-inputted information (shipping … Read more