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electronic commerce systems The four main components are as follows Client, Merchant, Transaction system and payment gateway. A client is a computer system that
Electronic Electronic Commerce is exactly analogous to a marketplace on the Internet. Electronic Commerce (also referred to as EC, e-commerce eCommerce or ecommerce)
eCommerce Electronic commerce, commonly known as e-commerce or eCommerce, consists of the buying and selling of products or services over electronic systems such
e commerce Electronic commerce, commonly known as e-commerce or eCommerce, consists of the buying and selling of products or services over electronic systems such
On Agent-Mediated Electronic Commerce 1 INTRODUCTION ELECTRONIC commerce (e-commerce) is increasingly assuming a pivotal role in many organizations. It offers opportunities
Submitted by xtacy187 on December 7, 2007
Category: Technology
Words: 2000 | Pages: 8
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The four main components are as follows Client, Merchant, Transaction system and payment gateway.
A client is a computer system that is directly connected to the Internet via an ISP (Internet Service Provider) such as Netscape. It may also be connected via a smaller more private network that is not as direct but serves the same purpose. The client will use the computer to browse and to purchase things online. The primary concern of a client is to browse and buy. It is possible to find some specialised client applications such as wallets that remember and maintain client payment details or other transactions so that an entire record of all transactions can be kept.
A merchant or seller is a computer system that contains the electronic catalogue of the goods that a merchant wants to sell. The function of the seller is to make available to the client the products that they want to buy. The seller must control the site from which items are being sold and maintain the site. The seller deals directly with the client and provides support and customer services.
Transaction systems are a computer system that processes a particular order and which are responsible for payment, record keeping, and other business aspects of the transaction. It keeps record of all processes that relate to all transactions. It contains the what, who, how and when of all transactions.
Once a buyer has decided to definitely purchase an item, a payment gateway is used to redirect their credit card to the relevant existing authorisation systems. An example of a company that provides this kind of service is Internetsecure. This provides a link with major credit authorisation companies such as Visa and MasterCard. Once a buyer has paid, they are redirected back to the site they purchased from.
It is vital for the e-commerce system to have some kind of architecture, however simple in place. This is essential because it provides a model on which to...
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