E-commerce introduction II What is e-commerce - WEBMULTICHANNEL

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E-commerce introduction II What is e-commerce

E-commerce introduction

                            
Welcome to be a world of E-Commerce, would you like to know that how people do the trans using their credit card in real time through different websites? Here, we will go through the process to get an idea of the complex and exciting world of e-Commerce.
This is how E-commerce works:
The consumer moves through the internet to the merchant’s website. From there, he decides that he wants to purchase something, so he is moved to the online transaction server, where all of the information he gives is encrypted. Once he has placed his order, the information moves through a private gateway to a processing Network, where the issuing and acquiring banks complete or deny the transaction this acquiring takes place in no more than 5-7 seconds.
There are many different payment systems available to accommodate the varied processing needs of merchants, from those who have a few orders a day to those who process thousands of transactions daily, with the addition of secure socket layer technology, e-commerce is also a very safe way to complete transactions.
There are several basic steps involved in becoming e-commerce Enabled;
·         Getting internet Merchant Bank Account
·         Web Hosting
·         Obtaining a Digital Certificate
·         Finding a Provider Online Transactions
·         Creating or Purchasing a Shopping Cart Software
Types of  e-commerce Solutions:

While e-Commerce Solutions, in general, can be divided between Business – to – consumer (B2C) and  Business – to Business (B2B), even within the two genres, there are a number of different types of solutions that can be implemented, These solutions can be broken down into three main types; the extension of a physical store, the pure e-commerce store and  the auction store,

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