Businesses want the world, but they don't yet grasp how complex e-commerence globalization can be.  You must inform your clients about all the work that.

Slides:



Advertisements
Similar presentations
Weighing the Risks and Benefits of Online Financial Transactions
Advertisements

E-Commerce and the Law Section Understanding Business and Personal Law E-Commerce and the Law Section 13.3 Contracts for the Sale of Goods Electronic.
Country-Of-Destination In international e-commerce many countries use a "country-of- destination" approach for governing cyberspace. Country-of- destination.
Chapter 7: Planned Borrowing. Objectives Discuss the elements of the planned use of credit. Establish your own debt limit. Understand the language of.
Legal and Ethical Issues: Privacy and Security Chapter Five.
M. Guymon Pleasant Grove High School Spring 2003 Ethics & Computer Technology Day 18.
Computer Technology Day 18
Principles of Information Systems, Sixth Edition Electronic Commerce Chapter 8.
Introduction E-Commerce is firmly established: –1997: $500M –2001: $50B Amazon.com: –First big online retailer –New business model: no brick-and-mortar.
E-Commerce Kerri Mills Student Activities Office W
Chapter 7 The environment of electronic commerce: legal, ethical, and tax issues Joseph Mitchum and TsunSheng, Tao.
E-Commerce: Technology and Business Development Andy Diaz Sofia Mayor Chris Ratigan.
It is about the website(Named as Reddit.com), which becames the No. 1 Social bookmarking website in the Year of Now many of you must be thinking.
CSE 4482, 2009 Session 21 Personal Information Protection and Electronic Documents Act Payment Card Industry standard Web Trust Sys Trust.
TYPES AND SOURCES OF CREDIT Money Management II. What We’re Doing Today Closed-End vs. Open-End Credit Loans  Different sources for different uses Credit.
Ecommerce Applications 2009/10 Session 31 E-Commerce Applications E-payment.
Accepting Credit Cards on your Website. If you are building an online shop, you will need to address the question of taking payments for orders. You can,
Payment Systems for Electronic Commerce
“If you build it, they will come.”. Virtual Business  There is much more that goes into a virtual business than just building the web site.  You will.
NCA guide for businesses Selling via a website An overview of the key rules if you sell online to consumers.
This PowerPoint Presentation was designed to provide you with important information regarding our unique Business Opportunity and proprietary software.
SMALL BUSINESS OWNERS Information about the broad and diverse tasks that are essential to starting and maintaining a business.
E-Commerce and the Law Section Understanding Business and Personal Law E-Commerce and the Law Section 13.3 Contracts for the Sale of Goods What.
What is E-Commerce? Section 8.1. What is E-commerce? E-commerce is the exchange of goods, services, information, or other businesses through electronic.
Legal Audits for E-Commerce Copyright (c) 2000 Montana Law Review Montana Law Review Winter, Mont. L. Rev. 77 by Richard C. Bulman, Jr., Esq. and.
Copyright © 2002 Pearson Education, Inc. Slide 6-1.
Exploring E-Commerce Issues Ethical & International Learning Plan 5 Activity Packet #2.
The U.S. Approach to Consumer Protection in the Online World U.S. Presentation FTAA Joint Government Private Sector Committee on Electronic Commerce 13th.
Ethics & Computer Technology. Ethics are…  A set of principles of right conduct.  A theory or a system of moral values.  The rules or standards.
Credit Use and Credit Cards Steven M. Hays BKHS – Personal Finance Steven M. Hays BKHS – Personal Finance.
Direct and Online Marketing: The New Marketing Model
© Oklahoma State Department of Education. All rights reserved.1 Credit Cards: More Than Plastic Standard 8. 1 Credit Cards and Online Shopping.
Chapter 17 Objectives: 6.04, 6.05, 10.05, Using the Internet Web sites: pages on the World Wide Web that contain text, images, audio, and video.
Chapter 16 Credit in America
Web Awareness: Knowing the Issues Web Awareness: Knowing the Issues © Media Awareness Network 2000.
CS28310 E-commerce On-Line Selling  eCatalogues  eMarketplaces  Implement an eCatalogue   Implement On-line Selling  On-line Payments  International.
Virtual Business CREATING A WEB PRESENCE Copyright © Texas Education Agency, All rights reserved.
“ Taxes are what we pay for a civilized society. ” Justice Oliver Wendell Holmes “ People want just (or fair) taxes more than they want lower taxes. They.
Digital Citizenship Grade Why are we here and what is Digital Citizenship? Part 1: What is Private Online? Part 2: Passwords Part 3: Responsibilities.
NOW 725,000 HITS / MONTH STRONG. E-COMMERCE REACHING NEW MARKETS IF BUSINESS INCUBATION PROGRAMS PROVIDE MARKETING ASSISTANCE TO FLEDGLING BUSINCESES.
2006 SISO Executive Conference Legal Issues in Using Mailing Lists: The CAN-SPAM ACT The Junk Fax Prevention Act The National Do Not Call Registry.
Electronic Marketing: Integrating Electronic Resources into the Marketing Process, 2e 11/5/2015  2004 Joel Reedy and Shauna Schullo Electronic Marketing.
Multinational E-business Chapter 9. E-business Business to business (B2B) transactions 70 – 85% of all e-commerce Online sales – customer can order a.
ND e-commerce Carl Arrowsmith Session 14 Consumer Protection & Trust.
Overview: Electronic Commerce Electronic Commerce, Seventh Annual Edition.
Chapter 11 Working with Credit Card Methods of Processing Credit Cards Preparing for Cyber Cash Authoring a Credit card Transaction.
E-Business Project - Strategy Carl Arrowsmith
ECT 455/HCI 513 ECT 4 55/HCI 513 E-Commerce Web Site Engineering Legal Issues.
R. Stewart Fayetteville High School Ethics & Computer Technology Day 18.
Chapter6: E-Commerce Web Sites HNDIT11062 – Web Development 1.
NCA. NCA © National Communication Alliance LLC All Rights Reserved Vision To Facilitate North-South and South-South Internet Commerce Bibaya.com is a.
PRIVACY, LAW & ETHICS MBA 563. Source: eMarketing eXcellence Chaffey et al. BH Overview: Establishing trust and confidence in the online world.
1 Law, Ethical Impacts, and Internet Security. 2 Legal Issues vs. Ethical Issues Ethics — the branch of philosophy that deals with what is considered.
Using Credit Wisely Costs of Credit RESPONSIBILITIES AND COSTS OF CREDIT.
Money Management Sebastian Hesse. Opening a Bank Account You need to have a bank account. Its easy, selecting the bank you want to work with, call to.
Credit Cards are a part of most American’s lives, but if you don’t know how to use them, they can really make your life more difficult Credit cards don’t.
Chapter © 2010 South-Western, Cengage Learning Responsibilities and Costs of Credit Using Credit Wisely Costs of Credit 18.
​ UNIT 3: MONEY MANAGEMENT By Jakob Kramer 2/25/16.
MONEY MANAGEMENT William Blochberger. OPENING A BANK ACCOUNT  Setting up a business bank account is easy. Start by selecting the bank you want to work.
Kristen Techel strikeandtechel.com Licensing and Regulating Internet Retailing: Perspective of the Unlicensed Marketer.
PayPal and Other Third Party Payment Options Presented by Meg Monsen, Eric Zeng, and Michael Leonard.
Online Dating The Use of the Internet to Meet Partners.
MONEY MANAGEMENT BY: ERIC WALKER REVIEW UNITS 1-4.
Paypal PayPal is an e-commerce business allowing payments and money transfers to be made through the Internet. With a PayPal account, you can send and.
The Payment Processing System
Credit Cards: More Than Plastic
The Payment Processing System
Big Data Considerations
18 Consumer Credit 18-1 Credit Fundamentals 18-2 Cost of Credit
Legal Terms electronic commerce (p. 284) electronic signature (p.286)
Presentation transcript:

Businesses want the world, but they don't yet grasp how complex e-commerence globalization can be.  You must inform your clients about all the work that goes with going International.  tax calculation and currency converters. The next page will give you some ideas to think about

 Payment processing services and software that show pricing in multiple currencies.  Displaying prices in the customers’ currency presents some of the most frustrating, and largely unresolved challenge that face sites seeking global customers.  Dealing with multi-currency customers is not cheap. Many banks and processors add international fees that can total as much as 4 percent of a multicurrency transaction. That’s right around 8 percent of the product's cost to a transaction.  Service calculation of shipping, International fees, duties, and other global charges.  The client most comply with International rules and laws  multilingual service center support  SET (Secure Electronic Transaction) payment standard advocated by Visa and MasterCard (including its fraud protection) is dead in the water  Your client may want to start thinking about new payment methods, basically because of the fact that most of the world doesn't use credit cards.

 Picking the right currency conversion model Simple small businesses my need something like;  multicurrency pricing (i.e WorldPay) Bigger businesses my need to spend a little more;  selling high-priced components (i.e Uniscape)  Around 35,000 for some businesses to provide the consulting and technology needed in International transactions.

 Which ones are used in different countries  What kind of supported 1 payment gateway services are included  Which one would work best for merchants with less than 5,000 transactions per month & vise versa  Good comparison web sites 

 All payment gateways have an intial setup cost and then charge a small percentage of the transaction says startupdunia.com  How good is the customer support  What is the charge back policy

 Payment Services  CyberCash  ICOMS  CyberSource  Examples of two Hosting Provider Systems which install their own software  At&t  Yahoo  Paylinx  ClearCommerce  CyberCash

Ethics, created by religion, culture, and history, are very powerful. People feel the need to defend their ethical values. Prior to the information age countries could determine how to deal with their own ethical value system within its own borders; creating laws to defend their ethical values. The Internet however, creates a whole new issue because it opens up countries borders and allows the outside world in.

 Almost all countries hold that children are not as capable as adults in making informed decisions. Therefore laws are created to keep children from being forced into a decision or situations where an adult mind is needed to make a proper decision.  In order to help keep websites from taking advantage of children, the US Government created the Children's Online Privacy Protection Act (COPPA) which establishes the legal age of a "child " as anyone under the age of 13. COPPA states that it is unlawful to collect and use of personal information from children on the Internet.

 In 2006 the website Xanga.com settled charges that it violated the COPPA and was fined $1 million dollars. Although on the Xanga site it stated that children under 13 could not join, it still allowed visitors to create accounts if they provided a birth date indicating they were under 13.  In 2008 Sony BMG Music also paid a $1 million dollar civil penalty for violation of the COPPA. Through its music fan Web sites Sony BMG Music improperly collected, maintained, and disclosed personal information from thousands of children under the age of 13, without their parents’ consent.

 Despite the challenges associated with children’s ecommerce, there is still big money available. It was the $350 million sale of children's social networking site Club Penguin to Disney in August of 2007 that showed the serious commercial potential of targeting children online.

 The differences between European and American web surfers is the expectation of privacy of information.  In 1995 the European Parliament and Council created the Protection of Personal Data Directive.  It is a set of rules that seeks to strike a balance between protection for the privacy and the and the free movement of personal data within the European Union (EU).  The directive sets strict limits on the collection and use of personal data and demands that each member state set up an independent national body responsible for the protection of these data.  In America there is no law that governs how data collected by websites can used.  Consumer's collected information can be sold to 3rd party companies without their given permission.  Generally Americans do not expect their information to stay private.  The US relies on a combination of legislation, regulation, and self-regulation to protect the of personal data of customers.  Many US companies display privacy pages and give users the ability to opt-in or opt-opt of the selling of their information.  Opt-in is a term used when someone is given the option to receive "bulk" of mailing lists, newsletters, or advertising. With opt-out , a consumer is automatically put on a mailing list and has to explicitly contact the website to be taken off.  According to CipherTrust, the makers of IronMail mail protection systems, the United States is the biggest offending country when it comes to sending out Spam with 37.76% of all Spam volume, followed next by the Republic of Korea with only 18.07%.

 An ethics complaint will soon test the boundaries advertising on the Internet.  A complaint, filed in 47 states against 550 attorneys, targets the owner of a website that offers free consultations with attorneys and all of the attorneys who participate in the site.  The website uses the pay-per-click model used by Google Adwords that tie fees to performance.  This business model closely resembles a fee for referral that violates the rules of professional conduct.  The complaint alleges that several websites run by Chicago attorney Kevin Chern (including totalattorneys.com and totalbankruptcy.com) violate ABA Model Rule 7.2, which puts limits on payments for legal referrals by  The websites offer consumers a free consultation with an attorney. Attorneys who participate in a website have an exclusive contract with Chern for their area code. When a consumer contacts the website through an online form, the lawyer in that consumer’s territory pays Chern a fee for the information.  Chern claims this is a cooperative advertising arrangement permitted under the rules, and attorneys are paying him for the cost of licensing the website and marketing costs.

As an ecommerce business, it is the best interest of the business to have a Code of Ethical Conduct. A Code of Ethical Conduct set the ethical guidelines for a company. It also helps to give consumers a sense of trust toward that company because the time was taken to state what they stand for. In a Code of Ethical Conduct consider stating things such as:  Core Values  Ideals  Morals  Principals