THE FUTURE OF SHOPPING WITH POKER
MERCHANT ACCOUNT ECOMMERCE
Most people think that ecommerce is
nothing but selling and buying stuff on
the net. The true fact is ecommerce is
the general term that is given for the
exchange of information over the
internet between 2 or more companies.
For example, the online income tax
filing, internet portals such as
Prodigy, online billing and online
banking. Apart from this, ecommerce also
means selling and buying services and
goods over the net and electronic
transfer of funds.
Since internet expanded very quickly and
is present all around the world now, the
number and quantity of business
transactions done on the internet has
grown exponentially. Many transactions
are completely electronic like
subscribing to websites and so on. But,
most ecommerce businesses transport
physical goods from one place to
another. Then, the payment is done
electronically. Online retailers are
referred to as e – tailors and online
retail as e – tail. All major brands in
retail have an ecommerce website.
Ecommerce transactions carried out
between 2 or more companies are referred
as B2B or Business to Business.
Ecommerce transactions carried out
between a company and it customers is
called as B2C or Business to Consumer.
The best example of business to consumer
ecommerce site is Amazon.com. Ecommerce
mostly consists of the sales department
and also has data exchange which enables
the payment and financing side of the
businesses.
A few of the most famous applications
used to carry out ecommerce are:
·
Shopping Cart Application
·
Enterprise content
management or ECM
·
International or domestic
payment systems
·
Teleconferencing
·
Online office suites
·
Online banking
·
Order tracking and online
shopping
·
File sharing and
newsgroups
·
Instant messaging
·
Email
When we talk about ecommerce, it can
range from digital content that can be
used immediately to traditional services
or goods, to other services that
facilitate ecommerce. At the level of
the consumer, ecommerce is done only on
the internet. A consumer can enter your
online store and purchase anything
ranging from books to food to real
estate and cars. All your banking
requirements can also be completed
through the internet. He can also
transfer funds, buy or sell stocks, and
pay his bills through the internet.
Though everything is so fast and easy,
there is 1 major concern, Security. If
you want to purchase any goods online,
then ensure that the merchant website’s
payment system is protected. Experienced
users do business transactions only with
those sites that are protected.
The most advanced and widely used
security tool is the SSL. The payment
gateways should be protected by this
protocol. This protocol encrypts all the
information that is sent from the
ecommerce website and decrypts the
information that comes in.
You can also add auxiliary security
systems to provide additional protection
for your customers. Implement the
protocols developed by MasterCard and
Visa.
One of the most critical issues for all
the large organisations is: protecting
their information or data or databases.
There are several ways to do it and you
should choose the best one for your
ecommerce site. Contact
one of our helpful account
representatives to assist you in the
setup of
a
high risk merchant account or
offshore merchant account for a
high risk merchant. |