This action might not be possible to undo. Are you sure you want to continue?
Submitted By :
Table of content
Batch V/S On-Line Transaction Processing On-line Schematic How IT Works ATM History Mechanism Security Electronic Commerce Types of E-Commerce Comparison Of E-commerce With Traditional Commerce Benefits Of E-Commerce To organizations To consumers To society Limitations Applications/Scope of E-commerce What Is M-commerce Steps In An M-commerce Transaction Advantages Of M-commerce Disadvantages Of M-commerce
Automatic Teller Machine (ATM)
Threats of Online Transactions
Security Tools Payments System In E-commerce
Electronic Fund Transfer
Basic business operations such as customer orders, purchase orders, receipts, time cards, invoices, and payroll checks in an organization
Transaction processing systems (TPS)
Perform routine operations and serve as a foundation for other systems
without the delay of accumulating transactions into a batch .Batch V/S On-Line Transaction Processing Two types of TPS: Batch processing A system whereby business transactions are accumulated over a period of time and prepared for processing as a single unit or batch On-line transaction processing (OLTP) A system whereby each transaction is processed immediately.
On-line Schematic Terminal Terminal Terminal Output Terminal Immediate processing of each transaction Terminal Terminal .
Pulse or Interlink. or as an online transaction via an EFT system. .How IT Works When you pay for goods or services with your debit card. depending on which EFT system your bank is associated with as a member bank. you have an option for the payment to be processed in two different ways: as an offline transaction via a credit card processing network. When processed as an online transaction the exchange of funds is completed using an EFT network. requiring a PIN to complete the process. such as Star .
Automatic Teller Machine (ATM) .
ATM An Automated Teller Machine (ATM) or Automatic Banking Machine (ABM) is a computerized telecommunicated device. .
In 1995 the Smithsonian’s National Museum of American History recognized Docutel and Wetzel as the inventors of the networked ATM. .History ATM’s first came into wide U.K use in 1973.
including a Cheque Processing Module dispensing mechanism Bulk Note Acceptor security sensor Magnetic Thermal Seismic gas Locks Journalizing systems many are electronic or a solid state device This is considered sensitive data and is secured in similar fashion to the cash as it is a similar liability. .Mechanism Deposit mechanism.
Another attack method PLOFKRAAK is to seal all openings of the ATM with silicone. with thieves attempting to steal entire. .Security A number of attack on ATM’s resulted.
Marketing & Servicing of Products. Selling. Services & Information over Computer Networks Electronic Commerce .Electronic Commerce Electronic commerce (e-commerce) Systems that support electronically executed business transactions The fundamental purpose of e-commerce is to execute transactions Buying.
the Internet. ebay. cutting out the middleman E.g. and the Web Consumer-to-consumer e-commerce (C2C) Connects individual sellers with people shopping for used items E.g.com Business-to-business e-commerce (B2B) Supports business transactions on across private networks.com .Types of E-Commerce Business-to-consumer e-commerce (B2C) Connects individual consumers with sellers . Amazon.
Comparison Of E-commerce With Traditional Commerce Traditional Needs capital & financing Region. nation Static competency Goods are stored in Warehouses E-commerce Very little Local to global Dynamic competency E-documents are stored in multimedia servers .
Benefits Of E-Commerce To organizations To consumers To society .
Benefits of E-commerce to Organizations International Marketplace Operation Cost Savings Reduced inventory level Lower Tele Communication cost: Internet is much cheaper than Value- added Network (VAN) No more 24 hour constraint Less expensive to expand business .
Benefits to Consumer 24/7 Access More Choices Price Comparisons Quick delivery (Digitized products) Disintermediation (no mediators) More discount due to more competition Interaction with other customers through e-communities .
Benefits to Society Enables more flexible working practices Less travelling for shopping resulting in less traffic and pollution Increase standard of living Can buy products and services that otherwise are not available to them Facilitates delivery of public services such as health care. education and distribution of government social services .
Standards.Limitations Technical limitations Lack of System Security. Insufficient telecommunication bandwidth Software development tools are still evolving and changing Incompatibility of E-commerce Software Vendors may need special web servers & other infrastructure . Reliability.
Non Technical Limitations Inability to touch and feel the products Online stores don’t exist for very long Lack of trust and user resistance Not 100% safe Small Businesses may find it difficult to conform EDI standards Reduces socialism Accessibility to internet is still expensive / inconvenient for potential customers Not suitable for some perishable products .
legal & professional services .Applications/Scope of E-commerce Internet banking Stock trading Online shopping E-auction Education sector E-governance E-publishing for marketing.g. health care. tour & travel. advertising. sales & customer support Supply chain management Retail industry Marketing Inventory and logistics Other online services e.
M Commerce .
In this user can conduct business activities like stock trading .What Is M-commerce M Commerce means mobile commerce that is business activities using mobile phone M-Commerce is an extension of E-Commerce. bill payment. M-Commerce is based on a technology or protocol know as WAP ( Wireless application protocol ) . net banking etc.
Steps In An M-commerce Transaction Storefront/service selection Location aware browsing Transaction confirmation User authentication Storefront authentication Transaction and settlement Interface to the fulfillment system .
Advantages Of M-commerce Person can done transaction any time in 24 hours M-commerce is popular technology for many services examples News alerts Bills payable Entertainment Net banking Providing wider reach .
Disadvantages Of M-commerce .
Speed Of Delivery Mobile phone are more limited in terms of speed than computer therefore. so companies must insure that the security of its customer are not compromised in case this occurs. mobile website must be optimized to ensure customer satisfaction Small Screen Size While businesses are used to formatting information for monitors. the average mobile screen is only 2 by 3 inches should reduce the amount of information Security Cell phone are commonly lost or stolen than laptops. .
Threats of Online Transactions Hacking Virus Reliability of Services Payment Methods Protection of data from Unwanted intrusion .
Security Tools Firewall Data encryption Message authentication Site blocking .
.Payment System In E-commerce Trusted third party system Electronic fund transfer Digital cash or electronic money Credit cards Electronic cheques.
Electronic Fund Transfer Automated Teller Machine Point of sale transactions Preauthorized transfer Telephone transfer .
cs.com/category/e-commerce/ http://www.Concepts and Techniques http://en.wikipedia.cmu.Bibliography The Home Banking Dilemma Transaction Processing .org mcom.edu/ http://mashable.htm .howstuffworks.com/ecommerce.
Thank you ! .
This action might not be possible to undo. Are you sure you want to continue?
We've moved you to where you read on your other device.
Get the full title to continue reading from where you left off, or restart the preview.