Prepared By:Rima Dave            Submitted To:P1111Shyam DaveP1112Rahul FichadiaP114Kinjal GandhiP1117Dipali Hotchandani  ...
E-commerce consists of allbusiness activities carriedon with the use of electronicmedia, that is, computernetwork.
ADVANTAGES1. Lower Cost2. Economy3. Higher Margins4. Better consumer service
ADVANTAGES5. Quick comparison shopping6. Productivity gains7. Teamwork8. Knowledge market
ADVANTAGES9. InformationSharing, Convenience AndControl10. Buying and selling 24*711. No need of physical
DISADVANTAGES1. Security2. System and data integrity3. System scalability4. E-commerce is not free
DISADVANTAGES5. Consumer search is notefficient or cost effective6. Customer relation problems7. Products people wont buy
DISADVANTAGES8. Corporate vulnerability9. High risk of internetstart-up10. Any one, good or bad,can easily start a business
DISADVANTAGES11. No guarantee of productquality12. Customer loyalty13. Hacking
C2B
B2B
C2C
P2P
M-COMMERCE
CHANGE
International   Scenario
International SCENARIO In 2011 nearly 179 million consumers ages 14 and older will research products online. The sales o...
International SCENARIO E-commerce grows several times faster than store sales. The accelerated adoption of customer revi...
International SCENARIO Social media has become standard practice for ecommerce merchants. An astounding 86% have Facebook...
International SCENARIO Search still reigns. 9 of 10 retailers say that search engines are the biggest source of traffic i...
International SCENARIO Men are more likely to spend on group buying than women. Next to price, the first thing a person ...
International SCENARIO 875 Million Consumers Have Shopped Online Number of Internet Shoppers Up 40% in Two Years. Highe...
International SCENARIO Most popular and purchased items are:    Books (41% purchased in the past threemonths)    Clothing...
IndianScenario
INDIAN SCENARIO India crossed 80 million users last yeardespite poor internet penetration and sluggishinternet speed. In...
INDIAN SCENARIO 10 million 3G connections were taken within6 months of launch, almost equal to the baseof wire line broad...
INDIAN SCENARIO In 2010-11, 25% of IT returns were filledonline. Close to 50% of music revenues comes frommobile downloa...
Reasons For Boom In India
BOOM IN INDIA1. Critical   mass      of Internet users2. Rising middle class with disposable income
BOOM IN INDIA3. Payment gateways &logistics4. User Experience
OPPORTUNITIES
OPPORTUNITIES1.   E- Business Naukri.com – Indias premier recruitment site has  captured around 50% of the recruitment ma...
OPPORTUNITIES2. E-commerce integration3. Open and distance learning
OPPORTUNITIES4. E-commerce and E-insurance5. Future media of E-commerce6. Economic issues raised by
CHALLENGES
CHALLENGES1)Ethical issues    Privacy Security concerns Other ethical issues2)Perception of risk in e-service encounter...
CHALLENGES4) It act 2000 and legal system5) Human skills required for E-Commerce     Developing Electronic Commerce soluti...
LAWS
Information Technology Act 2000           (ITA-2000) Addressed the following issues: Legal Recognition of Electronic Docu...
ITAA        2008       (InformationTechnology Amendment Act 2008)as the new version of InformationTechnology Act 2000 is o...
Risks inE-commerce  Business
RISKS IN E-COMMERCE          BUSINESS Sabotage or Defacement Unauthorized access Degradation of performance
Ways to deflect such crisis
Ways to deflect such crisis legal Hiring efficient employees Technology
MODES OF PAYMENTS
MODES OF PAYMENTS   Credit cards   PayPal   E-Check   Wire Transfer   Cash On Delivery (C.O.D)   Money bookers   Di...
PaisaPay
HOW IT IS INTEGRATED IN        ECOMMERCE WEBSITES?First step will be to create a “Merchant Account”--A merchant account i...
WHAT ARE PAYMENT GATEWAYS  IN ECOMMERCE WEBSITES?A payment gateway is simply a service which connects your Web site with ...
LIST OF WIDELY USED PAYMENT GATEWAYS TOOLS  IN ECOMMERCE WEBSITES PayPal Google Check out 2Checkout Authorize.net Cyb...
TERMINOLOGIES   IndividualMerchant- Seller of Goods.Customer- Buyer of Goods.    InstitutionsCustomer’s Issuing banks: Pro...
BASIC ELEMENTS OF INTERACTIONS Processes             Authorization: The Process of             verifying a customers credi...
AUTHORIZATION PROCESS           Authorization Process Customer decides to make online purchase and inputs credit card inf...
SETTLEMENT PROCESS Merchant informs the payment processing service to settle transactions Payment processing service sen...
“One   in all solution “
SOME SECURITY ISSUES   VulnerabilitiesAuthentication is challengedHacker’s can break into merchants networkHackers can ...
Now ? What to do in order to play safe on       ecommerce websites?? For Website owners it is feasible to use SSL  softwa...
What is SSL ??????? Secure Socket layer
THANK YOU
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Dmtm --final

  1. 1. Prepared By:Rima Dave Submitted To:P1111Shyam DaveP1112Rahul FichadiaP114Kinjal GandhiP1117Dipali Hotchandani “Source:Linkedinn”P1119Pratiksha JaswalP1120
  2. 2. E-commerce consists of allbusiness activities carriedon with the use of electronicmedia, that is, computernetwork.
  3. 3. ADVANTAGES1. Lower Cost2. Economy3. Higher Margins4. Better consumer service
  4. 4. ADVANTAGES5. Quick comparison shopping6. Productivity gains7. Teamwork8. Knowledge market
  5. 5. ADVANTAGES9. InformationSharing, Convenience AndControl10. Buying and selling 24*711. No need of physical
  6. 6. DISADVANTAGES1. Security2. System and data integrity3. System scalability4. E-commerce is not free
  7. 7. DISADVANTAGES5. Consumer search is notefficient or cost effective6. Customer relation problems7. Products people wont buy
  8. 8. DISADVANTAGES8. Corporate vulnerability9. High risk of internetstart-up10. Any one, good or bad,can easily start a business
  9. 9. DISADVANTAGES11. No guarantee of productquality12. Customer loyalty13. Hacking
  10. 10. C2B
  11. 11. B2B
  12. 12. C2C
  13. 13. P2P
  14. 14. M-COMMERCE
  15. 15. CHANGE
  16. 16. International Scenario
  17. 17. International SCENARIO In 2011 nearly 179 million consumers ages 14 and older will research products online. The sales of the top 500 ecommerce grew from 127.1$ Billion to 150$ Billion in 2010. Online retailer is the fastest sales channel with an improvement of 18% Like every year Amazon is the biggest e- commerce out there with 34.2$ Billion in 2010.
  18. 18. International SCENARIO E-commerce grows several times faster than store sales. The accelerated adoption of customer reviews indicates a more enlightened approach to handling negative comments—that is, occasional negative reviews do not hurt sales. 7 out of 10 Internet users are online shoppers.
  19. 19. International SCENARIO Social media has become standard practice for ecommerce merchants. An astounding 86% have Facebook pages, 37% have a Twitter account and 63% have a YouTube channel. Think mobile, M-Commerce is changing the rules. 90% of people said reviews have an impact on their decision; 60% say they’re the most important factor.
  20. 20. International SCENARIO Search still reigns. 9 of 10 retailers say that search engines are the biggest source of traffic in 2010. Customer reviews are significantly more trusted , 12 times more than descriptions that come from manufacturers. ¾ of the online customers are on social platform. 50% of follow an E-Commerce on Twitter/Facebook.
  21. 21. International SCENARIO Men are more likely to spend on group buying than women. Next to price, the first thing a person looks at is if you offer free shipping. The merchandise category with the biggest growth is Accessories. 60% of online shoppers check Amazon for price comparisons & product reviews before purchasing from other online stores.
  22. 22. International SCENARIO 875 Million Consumers Have Shopped Online Number of Internet Shoppers Up 40% in Two Years. Highest percentage shopping online is found in: South Korea (99%) UK (97%) Germany (97%) Japan (97%)
  23. 23. International SCENARIO Most popular and purchased items are: Books (41% purchased in the past threemonths) Clothing/Accessories/Shoes (36%) Videos / DVDs / Games (24%) Airline Tickets (24%) Electronic Equipment (23%)
  24. 24. IndianScenario
  25. 25. INDIAN SCENARIO India crossed 80 million users last yeardespite poor internet penetration and sluggishinternet speed. India the third largest internet market inthe world by number of users. Users - 16 hours a week online In 2011 e-commerce was about Rs. 50,000cr.
  26. 26. INDIAN SCENARIO 10 million 3G connections were taken within6 months of launch, almost equal to the baseof wire line broadband connections. 28% of travel gets booked online; 117million transactions on Indian railways websitealone. 47% of the classifieds business in thecountry is online. 7% of the bank users access their accounts
  27. 27. INDIAN SCENARIO In 2010-11, 25% of IT returns were filledonline. Close to 50% of music revenues comes frommobile downloads. 3,311 E-commerce hubs from whereconsumers buy and sell. Out of this, 1,267 arerural hubs.
  28. 28. Reasons For Boom In India
  29. 29. BOOM IN INDIA1. Critical mass of Internet users2. Rising middle class with disposable income
  30. 30. BOOM IN INDIA3. Payment gateways &logistics4. User Experience
  31. 31. OPPORTUNITIES
  32. 32. OPPORTUNITIES1. E- Business Naukri.com – Indias premier recruitment site has captured around 50% of the recruitment market. ICICIDIRECT.com - Stock trading simplified, Icicidirect.com is today the countrys premier trading portal. Baaze.com the countrys premier shopping site started as an auction site and graduated to be the most popular platform-shopping site. Irctc.com - One of the best things about this site is that a credit card is not an essential requirement for buying tickets here. Instead the site offers a
  33. 33. OPPORTUNITIES2. E-commerce integration3. Open and distance learning
  34. 34. OPPORTUNITIES4. E-commerce and E-insurance5. Future media of E-commerce6. Economic issues raised by
  35. 35. CHALLENGES
  36. 36. CHALLENGES1)Ethical issues Privacy Security concerns Other ethical issues2)Perception of risk in e-service encounters3)E-commerce Integration
  37. 37. CHALLENGES4) It act 2000 and legal system5) Human skills required for E-Commerce Developing Electronic Commerce solutionssuccessfully across the Organization meansbuilding reliable, scalable systems for security, E- commerce payments Supply- chain management Sales force, data warehousing, customer relations Integrating all of this existing back-end
  38. 38. LAWS
  39. 39. Information Technology Act 2000 (ITA-2000) Addressed the following issues: Legal Recognition of Electronic Documents Legal Recognition of Digital Signatures Offenses and Contraventions Justice Dispensation Systems for Cybercrimes
  40. 40. ITAA 2008 (InformationTechnology Amendment Act 2008)as the new version of InformationTechnology Act 2000 is oftenreferred has provided additionalfocus on Information Security. Ithas added several new sections onoffences including Cyber Terrorism
  41. 41. Risks inE-commerce Business
  42. 42. RISKS IN E-COMMERCE BUSINESS Sabotage or Defacement Unauthorized access Degradation of performance
  43. 43. Ways to deflect such crisis
  44. 44. Ways to deflect such crisis legal Hiring efficient employees Technology
  45. 45. MODES OF PAYMENTS
  46. 46. MODES OF PAYMENTS Credit cards PayPal E-Check Wire Transfer Cash On Delivery (C.O.D) Money bookers Direct debit Local Bank Transfers Fax Orders Phone orders Mail Orders Purchase Orders Paisa Pay
  47. 47. PaisaPay
  48. 48. HOW IT IS INTEGRATED IN ECOMMERCE WEBSITES?First step will be to create a “Merchant Account”--A merchant account is a business and financial arrangement with acredit card processor that allows a merchant to accept payment cards.--An Internet merchant account enables us to run web-initiatedtransactions online in real time. Second Step will be to select a “Payment Gateway”--A payment gateway is a remotely hosted software application thattransmits transaction data (either from your website or from a virtualterminal where you manually enter or key in transactions) to a creditcard processor. Third Step will be to integrate a “Shopping Cart”-- Shopping cart is like an online basket where one can put theirproducts in to the basket, can select the number of quantity theywant to buy, etc.
  49. 49. WHAT ARE PAYMENT GATEWAYS IN ECOMMERCE WEBSITES?A payment gateway is simply a service which connects your Web site with the bank.It’s merely an mediator between buyers and seller while doing payment process except for COD transactions.The payment gateways are linked with Bank accounts.
  50. 50. LIST OF WIDELY USED PAYMENT GATEWAYS TOOLS IN ECOMMERCE WEBSITES PayPal Google Check out 2Checkout Authorize.net Cyber Source Linkpoint
  51. 51. TERMINOLOGIES IndividualMerchant- Seller of Goods.Customer- Buyer of Goods. InstitutionsCustomer’s Issuing banks: Provides Customer’scredit card information and verification.Merchant’s Acquiring bank: Provides internetmerchant account.Processor: Authorizes credit card transactions andsettles funds for merchants.
  52. 52. BASIC ELEMENTS OF INTERACTIONS Processes Authorization: The Process of verifying a customers credit card Settlement: The process of collecting funds from customers account. Services Payment Processing Service: Connects merchants, customers and bank through secure online transaction. Gateway: The secure pipe between the banks and the processor
  53. 53. AUTHORIZATION PROCESS Authorization Process Customer decides to make online purchase and inputs credit card information Merchant’s website receives customer information and send it to payment processing service Payment processing service routes information to the processor Processor routes information to bank that issued customer’s credit card i.e issuing bank Issuing Bank send authorization or rejection to processor Processor routes transaction results to payment processing service Payment processing service sends result to the merchant Merchant decides to accept or reject the purchase
  54. 54. SETTLEMENT PROCESS Merchant informs the payment processing service to settle transactions Payment processing service sends transaction information to the processor Processor checks the information and forward settled transaction information to the issuing bank Issuing Bank transfer funds to the processor Processor routes funds to the acquiring bank Acquiring Bank credits merchant’s bank account Issuing bank includes merchant’s charge on customer’s credit card account
  55. 55. “One in all solution “
  56. 56. SOME SECURITY ISSUES VulnerabilitiesAuthentication is challengedHacker’s can break into merchants networkHackers can also steal customers identitiesRecorded session attack
  57. 57. Now ? What to do in order to play safe on ecommerce websites?? For Website owners it is feasible to use SSL software/Certificates into their website For Customers it is advisable to do transactions the sites which are having such SSL certificate.For ex: The customers should do the transactions on thesites which does have one of the couple of belowmentioned Signs/Symbols
  58. 58. What is SSL ??????? Secure Socket layer
  59. 59. THANK YOU

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