Electronic Commerce

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Pages: 16
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ABSTRACT: Many new and exciting business opportunities are becoming available due to the phenomenal advance of the Internet and peoples' interest to save time and money by purchasing goods via the web. The advantages of e-commerce are its speed, savings, international distribution and customer service capability. However, the disadvantages are privacy and security, consumer willingness to pay, technical challenges for new e-businesses, organizational commitment, and data quality. Simply put, the Internet and the use of …

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…with your home, you would usually stop adding security features when you feel safe. Making a customer feel safe is what is important in doing business on the Internet. E-commerce is still safer than using credit cards at an actual store or restaurant. Every time a credit card receipts are thrown away, the same risks are involved in making yourself vulnerable to fraud. What precautions do e-commerce websites take to avoid such problems? The answer