E-Commerce Pay System

A company called Acme Inc. is about to be launched. They plan to take orders for gift items on their website, collect the payment through an online payment system and deliver the goods through a prominent delivery agent. The customers can also track the progress of the order until it reaches the recipient. You have to decide the different systems that will need to be put in place, considering the different possibilities and scenarios during the course of the transactions. Your assignment is to prepare a document about the possible business scenario and the different systems and their functionalities in the context of the business of Acme Inc. Submit in a Word Doc.

Payment system

Books.com executives have expressed a need for online payment. Your job will be to decide on the following: 1. Which online payments should Books.com implement on their site? 2. What costs will they incur due to such transactions? 3. How will you market these payment options on the site to assure credibility and versatility? 4. To which market segment will you market them? • You will need to research and find out the different methods that are available for online payment, such as charge-back expenses, options to pay via PayPal, etc. and analyze their pros and cons before offering the final solution to Books.com. • You will also need to consider the market targets for online payme... click for more

E-Pay

Catagorize each as either e-billing or peer to peer payment: Paypal Consumer to consumer Checkfree Encirq Billpoint Tradesafe

Electronic Banking

Surf the web & make a top ten list of companies providing electronic banking services. Note the siginficant differences or points of interest.

E-Currency

Search the Web for e-money. Find 10 different forms or e-currency (e-cash etc) How do these systems differ? List each of the 10 forms of currency with a description. Which one is the best and why?