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Relationship between epayment and ecommerce

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  • 1. Relationship between E-payment and E-commerceJust as simple is gaining access to your download page, or to your product itself. Letme state right here that these problems are NOT the fault of the payment acceptancecompany. They make every known effort to provide a secure environment for yoursales transactions and account information. However, just as viruses can infectsoftware, cyber thieves can hack into sales links. Because the links are easilyaccessible, and because they are even more easily changed, the use of a paymentacceptance company can represent a high risk of stolen sales. Find a way to encrypt orhide the code that these sales hijackers are seeking. This can be accomplished byeither hiring a programmer (or scripter) to create a special code for you, or bypurchasing software that disguises your code so hijackers can’t recognize it.E-payment and e-commerce are twin brothers. As the most important driving force forthe third party payment, e-commerce had been developing in a toddling state duringfive years at the beginning as the consumption capacity of netizens was lesssubstantially large, the concept of e-commerce was introduced from outside intoChina and there lacked localized innovations. A favorable turn from such a situationcame in 2003. Driven by over 100 million netizens, the wave of e-commercelocalization boost rapidly; and subsequently, the third party electronic paymentplatforms experienced a period of rapid development.In 2003, third party payment services started in China and the trading volume onlyamounted to RMB7.4 billion Yuan in 2004. Then, the annual growth rate wasmaintained above 100 percent in the subsequent years. At the very beginning, therewere only two or three providers of such services; but such providers rapidlyincreased and amounted to about over 40 or 50. The successful pattern of e-paymentwas rapidly copied in the industry, and large-scale e-commerce websites began to setup their respective payment platforms in succession, which later become theirsubordinate enterprises and then extended out and developed. Now, almost alllarge-scale e-commerce websites have been provided with a contracted third partypayment platform. The third party platforms have helped to get the trading flowsimplified and have also set up a stage of trust between trading parties.

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