BU231 Chapter Notes - Chapter 31: Payment Card, Electronic Signature, E-Commerce
Document Summary
Ecommerce the use of computer networks to facilitate commercial activities/information including the production, distribution, sale and delivery of goods and services and payments by telephone, computer or any automated media. Electronic retailing supply of tangible or electronic goods or services over the. Tangible goods involve a conventional mode of delivery and electronic goods are downloaded directly to the consumers computer. A business website will either be passive seeking only to provide information, advertise and market its products and services or it may be active to interact with others in the exchange of information or completion of sale transactions. Negotiate website development agreement, with graphics, content and software dealing with intellectual property issues. Ecash online payment system that enables anonymous transfer of money over the internet. Payment card networks electronic payment system used to accept, transmit and process transactions made by payment card to transfer funds or information among issuer, user and merchants.
