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e-Commerce
covers an electronic transaction of funds,
information or entertainment falls under the
category handled by principles of e-Commerce.
Technically e-Commerce is a part of e-Business.
A major security concern that consumers have with
e-commerce merchants is whether or not they will
receive exactly what they purchase. Online merchants
have attempted to address this concern by investing
in and building strong consumer brands and by
leveraging merchant /feedback rating systems and
e-commerce bonding solutions. All of these solutions
attempt to assure consumers that their transactions
will be free of problems because the merchants can
be trusted to provide reliable products and
services. Additionally, the major online payment
mechanisms (credit cards,
PayPal,
Google Checkout,
etc.) have also provided back-end buyer protection
systems to address problems if they actually do
occur. |
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