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UNIT - 4 Lesson - 1 E-payment System-payment Methods Notes

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E-COMMERCE UNIT - 4     Lesson - 1 E-payment System-payment Methods- Debit card, Credit card, Smart cards, E-Money, E-Wallets E-payment System-payment Methods- Debit card, Credit card, Smart cards, E-Money, E-Wallets Debit Card : The debit card is used for payments made online and offline. User of this card can withdraw upto a certain amount but must have sufficient balance in his/her account. The total payment made in one day is also specified by the person using the debit card. Credit Card : This card is also used for online payment also but in this card a person must not have sufficient balance in his/her account and the total payment made in one day is also specified. Bill of the credit card can pay after few days. User of this card can withdraw upto a certain amount. Smart Card : These cards are used with Balance in hand. This means that in you card must have balance before using this card like Debit Card. Metro Smart Card, Patanjali Smart Card and Mother Dairy Smart card are be

UNIT -2 LESSON -2 E- marketing, E-tailing, Online Services, E- auctions, Online Portal

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  E-COMMERCE UNIT -2     LESSON -2  E- marketing, E-tailing, Online Services, E- auctions, Online Portal E- marketing All e-commerce solution is a solution to conduct business. through an intra-. extra- or Internet solution. Business-to-business e-commerce (B2B) involves companies selling to other businesses. The interaction with system takes place in almost real time and reduces lag time between discussion and purchase. Trade Cycle:  A trade cycle is the Series of exchanges between a customer and supplier that take place when a commercial exchange is executed. Trade cycle consists of four phases  1 Pre-Sales: This Phase consists or venous tasks in finding a supplier and agreeing the terms This phase can he further classified in • Search- finding a supplier •Negotiate- agreeing the terms of trade 2 Execution: This Phase consist of various tasks in selecting goods and taking delivery This phase can be further classified in •Order.        • Delivery Settlement: This Phase consists of ve

Unit -2 Lesson -1 Online Business Transactions Rationale of Transacting Online Notes

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E-COMMERCE Unit -2.    Lesson -1  Online Business Transactions Rationale of Transacting Online   Online Business Transactions Rationale of transacting online E-commerce is an internet initiative which transforms business relationship. There are various models of e-commerce, which are being proposed to establish an electronic link between the business and consumers. These models have brought business and consumer closer to each other & transformed the way of conducting the business. Business to Consumer commerce (B2C) provides direct sale between supplier and consumer. B2C involves what is known as electronic retailing or e-tailing. Electronic storefront refers to a single company web site where products and services are sold. Customers can browse online catalogs or electronic storefronts when it best suits them. E-commerce applications in various industries (banking, insurance, payment of utility bills and others) Advantage of Internet auctions:  Bidders can stay at the home or off