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ELECTRONIC COMMERCE

Made by :-

VIBHA MISHRA

B.Sc.3rd year

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E-COMMERCE

The term electronic commerce is made up oftwo words :electronic and commerce. So

simple meaning of electronic commerce iswhatever commerce transferred electronicallyis part of electronic commerce. In other wordse-commerce is a modern business methodologythat addresses the needs of organizations ,

merchants and consumers to cut cost whileimproving the quality of goods and servicesand also increasing the speed of the services.

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CATEGORIES OF E-

COMMERCEThere are three categories of e-commerce :-

1)ELECTRONIC MARKET:-An electronic market is the use of

information and communication to present a range of offeringavailable in a market segment so that the purchaser compare the pricesof the offering and make a purchase decision. The usual example of e-market is an air line booking system.

2) ELECTRONIC DATA INTERCHANGE (EDI):-EDI

provides a standardized system for coding trade transactions so thatthey can be communicated directly from one computer system toanother without the needs for printed order.

3) INTERNET COMMMERCE:-Information and

communications technologies can also be used to advertise and makes

once of sales of a wide range of goods.

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WORKING OF E-COMMERCE

The e-commerce works as follows:-

1) The consumers logs into the internet using a web browser toconnect the companys website.

2) Firewalls protects companys computer from unauthorized userwho tries to access through the site.

3) Consumer browses the products available on the site and selectsitems to purchase and place the items in the electronicequivalent of shopping card.

4) After that consumer provides a bill to and shipping addresses for

purchase and delivery.5) Web server handles the customer request , calculates the cost of

order , takes care of taxes and displays the detail of customer .

6) Consumer provide the payment information , such as credit cardno. places the order.

7) After validing the credit card no. by the company , consumerreceives the detail from the company about products and orderconfirmation.

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LATEST TREND OF E-

COMMERCE AS M- COMMERCEM-Commerce is a subset of e-

commerce that deals withelectronic transactions usingmobile communication equipment. It refers to electronic transactions

and business such as financialservices or shopping , the onlydifference with e-commerce beingthat the medium is wireless ratherthen wire line .

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TECHNOLOGY USED IN M-

COMMERCE

The technology used in m-commerce are as follow :-

GSM(Globle system for mobile communication).

HSCD(High speed circuit switched data).

GPRS(General packet radio service). EDGE(Enhanced data rate for global evolution).

UMTS(Universal mobile telecommunication system).

3G(Third generation)

WAP

SIM CARDS MICRO BROWSER

HANDSET LOCATING TECHNOLOGIES

BLUETOOTH

SECURITY TECHNOLOGY

VIRTUAL CREDIT CARDS CODE DIVISON MULTIPLE ACCESS,(CDMA)

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ELECRONIC PAYMENTS

E-Case is a purely software based

anonymous , untraceable, on-line token

payment system, availed on UNIX,windows, as well as Macintosh platforms,

e-case allows for directional payments.

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E-CARD

There are many e-card which are as follow:-

Master card

Visa cardSmart card

Cash card

Travel card

Debit card

Credit card

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E-BANKING

Traditionally banking is turn by laser methodbut today banking is done with the help of

computer and e-commerce played importantrole to make banking convenient and easy .

TWO MAIN BRANCH OF E- BANKINGARE:-

ON LINE BANKING

HOME BANKING

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Security in E-Commerce

In the e-commerce environment the transaction take placeover the network .During various phases of an e-transaction the information such as product specification

,order details ,payment and delivery information travelsover the internet .The intruding activities can be broadlyclassified in two categories-passive and active intrusion. Inpassive intrusion , transmission on the network areeavesdropped on a monitored. Active attackers are

involved mutation of data generation of counterfeitmessages. Confidentiality is the protection of transmitteddata, from passive attackers andAuthorization is theprotection of transmitted data ,from active attackers.

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BENEFITSOF

E-COMMERCE

The potential benefits or impacts of e-commerce on economicstructure like manufacture , organization , dealers and consumers ofe-commerce are as follows:-

BENEFITS TO ORGANIZATION E-Commerce expands the market place to national and international

market

Ability for creating highly specialize business

BENEFITS TO CONSUMERS E-Commerce makes its possible to participate to virtual auctions .

E-Commerce facilitates competition which result in substantialdiscounts .

BENEFITS TO SOCIETY E-Commerce facilities delivery public services .

E-Commerce enables people in third one countries and ruler areas toenjoy protects and services.

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DISADVANTAGES OF

E-COMMERCE

The limitation of e-commerce can be group into technical &non-technical categories .:-

TECHNICALLIMITATIONS

There is lack of system security, reliability, standards andsome communication protocol.

There is insufficient telecommunication bandwidth.

NON-TECHNICAL LIMITATIONS

The cost of developing e-commerce in house can be veryhigh & mistakes due to lack of experience may result indelays.

There is a lack of trust & user resistance.

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CONCLUSION

At last e-commerce , inshort is a mechanism

that utilizes the power

of electronics and

communication media

such as internet to bringtogether geographically

dispersed buyers &

sellers on a virtual

common trading

platform to support the

human corporate.

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