Analysis of Electronic Payment Systems

Analysis of Electronic Payment Systems - The three major...

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The three major electronic commerce categories are business-to- consumer (B2C) e-commerce, business-to-business (B2B) e- commerce, and consumer-to-consumer (C2C) e-commerce. Business-to-consumer (B2C) electronic commerce involves retailing products and services to individual shoppers. Amazon.com, which sells a wide range of products to individual, is an example of business-to-consumer e-commerce. Business-to-business (B2B) electronic commerce involves sales of goods and services among businesses. Ingersollrand.com, which sells power tools and parts to a wide network of dealers and distributors around the world, is an example of business-to- business electronic commerce. Consumer-to-consumer (C2C) electronic commerce involves consumers selling directly to consumers. For example, eBay.com, enabling people to sell their product to other consumers, which is consumer-to-consumer electronic commerce. There are six electronic payment systems credit card payment systems. Digital wallet, accumulated balance digital payment
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