Thursday, May 30, 2019

Essay --

In my group, I was assigned the task to include all other relevant issues so I considered other intermediaries to help with the payment and goods transaction as well as security for the e-Business.Intermediaries to use to support your ebusinessAs our business is a virtual organization (pure-play), we would require intermediaries to perform the payment and goods transaction as we are not interacting physically with our customers.Payment systemPaypal Under Paypal, payments are do using a users existing account or with a credit card anytime, anywhere. Besides that, money can be move directly to an email address of another PayPal user. CostOpen an AccountFreeSend moneyFreeWithdraw FundsFree for $200.00 SGD or more, $1.00 SGD if up to $199.99 SGD to bank accounts in SingaporeAdd fundsFreeReceive Funds2.9% + $0.50 SGD to 3.9% + $0.50 SGDMultiple currency transactionsExchange rate includes a 2.5% fee**Reasons for using Paypal for paymentIt allows faster transaction for sending and receivi ng payments.Electronic Catalogue WIX and social mediasAs we would not have staff in a physical shop to entertain customers enquiries, we would be making use of sites such WIX and social medias such as Facebook and Twitter to help support customers with information about the business as well as the product. Reasons for using WIX and social mediasThe websites are free of charge. Shopping cart softwareIn put to help customers keep track of their items, shopping cart software is also included in the WIX website. Reasons for using WIX shopping cartThis eliminates the need to secure an outside shopping cart software.Delivery of purchaseOur e-Business would require an intermediary to deliver the items purchased by custo... ...uyer claims that they did not receive their goods, Paypal would cover for the full amount as wide as business follow the postage requirement and show evidence that the item was sent to the buyers address.Reasons for choosing the security methodsIn terms of defe nd the e-Business database, firewall is an easy and less complex method as compared to other security methods such as VPN and KPI which requires key encryption. It is also easier to obtain simply through purchase and customize through filters unlike VPN which has complicated set ups and KPI which requires a KPI security service to implement the structure.As for protection against fraud, Paypals security system would be suitable as we are using Paypal for handling payment transaction. Hence, it would be easier to claim from Paypal should there be any fraud as they would have records of our transaction.

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