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Ecommerce in bangladesh essay

1 ) Introduction

When Electronic commerce, typically referred to as ‘ecommerce’, may be the buying and selling of goods or providers over electronic digital systems such as the Internet and also other computer sites. Electronic trade draws on such technologies as electronic cash transfer, source chain managing, Internet marketing, on the web transaction processing, electronic info interchange (EDI), inventory administration systems, and automated data collection systems. Modern electronic commerce commonly uses the at least at one point in the transaction’s life-cycle, although it might encompass a wider range of technologies such as email, mobile phones and mobile phones as well.

Electronic digital commerce is mostly considered to be the sales aspect of ebusiness [1]. It also consists of the exchange of information to help the auto financing and repayment aspects of business transactions. E-commerce can be broken into: i. E-tailing or “virtual storefronts online sites with online catalogs, sometimes accumulated into a “virtual mall ii. The gathering and usage of demographic info through Web contacts iii. Electronic Data Interchange (EDI), the business-tobusiness exchange of data iv.

E-mail and fax and their use because media pertaining to reaching prospective customers and founded customers (for example, with newsletters) versus. Business-to-business selling and buying vi. The security of organization transactions The main areas of ecommerce are next:

i. Organization to Business (B2B) 2. Business to Consumer (B2C) iii. Organization to Government (B2G) 4. Government to Business (G2B)

2 . Objectives

Each of our objectives are following: we. To specify e-commerce and describe just how it differs from ebusiness. ii. To spot and explain the unique highlights of ecommerce technology and go over their organization significance. 3. To describe the main types of e-commerce. 4. To discuss the origins and

regarding e-commerce. versus. To explain the evolution of e-commerce from the early years to today. ni. To identify the factors that will define the future of ecommerce. vii. To describe the main themes fundamental the study of ecommerce. viii. To recognize the major academic disciplines causing e-commerce and understand type of an ecommerce engine ix. To identify the chance and trouble of e-commerce implementation in Bangladesh. x. To identify the ongoing future of e-commerce.

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International Journal of Science and Research (IJSR), India On the web ISSN: 2319-7064 3. Ecommerce in Bangladesh In Bangladesh there is a limited application and use of B2C e-commerce. This kind of field is definitely not yet much developed in Bangladesh. There are plenty of reasons behind this one simple purpose this country is usually not so developed and most of its individuals are poor and uneducated. It is stop natural that you have few clients who is prepared and can shop in internet. It may need years to be developed this kind of sector in bd. The telecommunication facilities any country affect the Internet services directly, cause it is largely depended on it. From this chapter Specify Need for ecommerce in Bangladesh, different sector in Bangladesh, overview of rendering stage of e-commerce in Bangladesh. And there is some issue such as: low internet acceleration, no payment gateway and internet selection, and recommendation. 3. one particular Need for Ecommerce in Bangladesh With the increasing diffusion of ICTs, more specifically the Internet, the global business community is rapidly moving to Business-to-Business (B2B) e-commerce. The buyers/ importers gain a clear advantage if the Internet provides them access to the global industry, by which they will compare prices across locations, find out whether prices vary by order fragmentation, acquire awareness about substitute/ alternate products. Consequently, the sellers/ exporters make sure that they are well portrayed in the cyber world through websites and portals. Just like buyers, sellers also benefit from improved and more useful access to a global market through the Internet. Bangladesh is pursuing an economic policy of export-led growth.

With the rising pushes of globalization, it is becoming more and more important that the private sector, particularly the export sectors are very well prepared to satisfy the requirements and expectations with the importers and also stand out in the competition against exporters far away. In such a scenario, two issues are becoming especially important for Bangladeshi export industries “one, whether businesses are automating their internal processes with these of ICTs to get increasingly effective and competitive in a global context, and two, whether businesses include effective existence and involvement in the cyber world. International agencies such as UNCTAD (United International locations Center for Trade and Development) and WTO (World Trade Organization) [2] have, over the last a few years, put very much emphasis on the value of web commerce for developing countries. UNCTAD has particular programs to facilitate developing countries to transition in to e-commerce. The WTO in addition has developed rules and guidelines for global e-commerce transactions. 3. two E-commerce in various Sector in Bangladesh Despite being a under developed country, selected segments of the Bangladeshi business community has appreciated technology with reasonable success. Personal computers as well as the Internet are usually emerging since day-to-day organization tools. These kinds of positive symptoms are favoring the potential customers of e-commerce in Bangladesh. i. RMG Sector ii. Banking on the net (Online Banking) iii. Shopping online iv. Web Hosting, Domain name v. On-line cards, items vi. Pay Bill three or more. 3 The current Situation and Potential of E-commerce in Bangladesh Net services will be presently available in Bangladesh. It is usage to get e-commerce by Bangladeshi manufacturers to foreign trade as well as to gain access to inputs will be dependent on their particular willingness and ability to use this medium as well as that of the purchasers of final products and the sellers of advanced goods and services. Physique 1 depicts the three measurements of ecommerce. Business to-Consumers (B2C) web commerce is pretty much no inside Bangladesh, although a very limited level of B2b (B2B) and Businessto-Government (B2G) transactions is out there [3]. The potential for usage of e-commerce by simply Bangladeshi consumers and businesses with overseas firms is much brighter, and will play an important role in boosting the country’s exports. A significant amount of B2G is additionally possible, while the government remains the biggest spender.

Figure 1 ) The Three Sizes of Ecommerce 3. 4 E-commerce growth in Bangladesh E-commerce progress in Bangladesh shown in figure a few. 2 in the year of 2000 e-commerce organization is 11440 million taka. In the years of 2001 organization of e-commerce is 15840 million taka and boost year by year 2002 business can be 18980 mil taka 2002 to 2004 businesses is definitely not very fast but in 12 months of 2005 business of e-commerce is 22480 and end the entire year of 2006 business of e-commerce expansion is 252000 million taka.

Figure installment payments on your E-commerce progress in Bangladesh

4. Strategies

The methodologies of our survey receive below: 5. 1 Identification of range of analyze 151

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International Record of Scientific research and Research (IJSR), India Online ISSN: 2319-7064 To complete the task objectives, a scientific process can be followed. The project method begins with all the identification from the project topic where research was performed to obtain enough information on the subject. 4. a couple of Group talks to collect ideas on the study of e-commerce system Consult with group member about the topic and gather their recommendations on this matter. Also talk about impacts of ecommerce in our society and business and barriers online business in different groups in Bangladesh and the way forward for e-commerce system. 4. 3 E-commerce internet site visits as clients A few e-commerce websites visits were created as consumers. We visited websites like www.ebay.com, looked at many items, added item to e-commerce software, created user account and observed the check out method. We as well examined their very own user interface, front-end design and various group of product. We all searched items by many types, the product names and the company name. 4. 4 Internet search to collect data upon e-commerce expansion world wide All of us searched the web to collect info on web commerce business development based on period, data in e-commerce income based on geographic locations. All of us also gathered data about e-commerce business growth and present circumstance of ecommerce in Bangladesh. 4. 5 Architecture and code review of e-commerce

site We reviewed the main technologies involved with ecommerce site, which include php sessions, directory technology, hardware technology (hardware and software). We likewise reviewed mastercard transaction and shopping cart checkout process. four. 6 Interviews to find what people think about internet commerce We interviewed people from various parts of the society to find out what they think about web commerce and what changes they needed. We all also mentioned with these people what the pros and cons of e-commerce systems happen to be. 4. 7 Introducing intentional change to appreciate ecommerce engine We downloaded e-commerce site code and changed the catalog of product, banner, product fine detail, product graphic, and increase and decrease quantity of product demonstrate in the main webpage also transformed the theme of e-commerce internet site. We joined new products and removed selling product and up-to-date the products. five. 1 Structure This is the type of front-end design shown in Figure three or more. There is a one home page, wish list, bank account, shopping cart, and product list and peruse option.

Figure 3. Web commerce site front-end design your five. 2 Database Structure five. 2 . one particular E-R Diagram A sample entity”relationship diagram applying Chen’s explication is demonstrated in Figure 4.

5. Technical Style of E-Commerce Web page

The technical design of e-commerce internet site include data source structure, databases schema, stand structure, php session, e-commerce software, e-r picture, and visa or mastercard transaction.

Number 4. A sample entity”relationship picture using Chen’s notation In software executive, an entity”relationship model (ER model intended for short) is usually an fuzy [4] and conceptual portrayal of data. Entity”relationship modeling is actually a database modeling method, accustomed to produce a sort of conceptual schizzo or semantic data model of a system, typically 152

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International Diary of Research and Study (IJSR), India Online ISSN: 2319-7064 a relational databases, and its requirements in a top-down fashion.

Diagrams made by this process are called entity” relationship blueprints or ER diagrams. Using the three schizzo approach to software engineering, there are three numbers of ER types that may be designed. The conceptual data style is the greatest level IM OR HER model in this it contains minimal granular depth but creates the overall scope of what is to be included within the unit set. The conceptual IM OR HER model normally defines learn reference info entities which might be commonly used by the organization. Expanding an enterprise-wide conceptual EMERGENY ROOM model is useful to support creating the data structure for a business. A conceptual ER model may be used because the foundation for one or more rational data types. The purpose of the conceptual SER model can now be to establish strength metadata commonality for the master data entities involving the set of rational ER types. The conceptual data unit may be used to kind commonality relationships between IM OR HER models as a basis pertaining to data unit integration. May well ER unit does not need a conceptual SER model specifically if the scope from the logical ER model is to develop a single disparate information system. The logical EMERGENY ROOM model consists of more detail compared to the conceptual SER model. Additionally to master info entities, operational and transactional data choices are now defined [5]. The details of every data business are created and the organization relationships among these info entities will be established. The logical ER model can be however designed independent of technology in which it can be implemented. A number of physical SER models can be developed from each logical ER model. The physical ER unit is normally developed be instantiated as a database. Therefore , each physical ER model must contain enough detail to produce a database every physical EMERGENY ROOM model is technology based mostly since each database management product is somewhat several. The physical model is usually forward built to instantiate the strength metadata into a database management system as relational database items such as database tables, database indexes such as unique important indexes, and database constraints such as a international key constraint or a commonality constraint. The ER model is also normally used to design and style modifications to the relational database objects and also to maintain the strength metadata of the database. The first level of information program design uses these versions during the requirements analysis to spell out information requirements or the type of information that is certainly to be trapped in a repository. The data building

technique can be used to illustrate any ontology (i. e. an overview and classifications of used terms and their relationships) for a certain area of interest. When it comes to the design of an info system that is based on a database, the conceptual data model is definitely, at a later level (usually called logical design), mapped into a logical info model, like the relational version; this in turn can be mapped into a physical unit during physical design. 5. 2 . 2 The Building Blocks: Agencies, Relationships, and Attributes The building blocks: entities, relationships, and attributes as demonstrated in Figure 5, initial here two related organizations then an entity with an characteristic next with this figure a relationship with and attribute and finally find primary important.

Figure a few. The building blocks: choices, relationships, and attributes A great entity can be defined as a thing which is named being competent of an impartial existence and which can be distinctly identified. An entity can be an hysteria from the complexities of a few domain. When we speak of a great entity all of us normally discuss about it some aspect of the real world which is often distinguished from the other aspects of the real world. An organization may be an actual object for example a house or a car, a meeting such as a property sale or a car service, or possibly a concept such as a customer purchase or order. Although the term entity is a one most frequently used, following Chen we should seriously distinguish between an entity and an entity-type. An entity-type is a category. An business, strictly speaking, can be an instance of the given entity-type. There are usually various instances of an entity-type. Since the term entity-type is to some degree cumbersome, most people tend to use the term organization as a suggestions for this term. Entities may be thought of as subjective. Examples: some type of computer, an employee, a song, a mathematical theorem. A marriage captures how entities are related to each other. Relationships can be thought of as verbs, linking several nouns. Good examples: owns marriage between a business and a computer, supervises marriage between a worker and a department [6], functions relationship among an designer and a song, a proved marriage between a mathematician and a theorem. The model’s linguistic element described above is utilized for

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International Log of Science and Analysis (IJSR), India Online ISSN: 2319-7064 the declarative repository query dialect ERROL, which mimics all-natural language, constructs. ERROL’s semantics and rendering are based on Reshaped relational algebra (RRA), a relational algebra which is designed to the entity”relationship model and captures its linguistic aspect. Entities and relationships can both have features. Examples: an employee entity may have a Ssn (SSN) credit; the demonstrated relationship may possibly have a date attribute. Every single entity (unless it is a weak entity) must have a minimal set of uniquely discovering attributes, which is sometimes called the entity’s primary important. Entity”relationship diagrams don’t present single choices or solitary instances of associations. Rather, they will show business sets and relationship sets. Example: a certain song is definitely an business. The collection coming from all songs in a database is definitely an business set. The eaten romantic relationship between children and her lunch is actually a single romance. The set of all this sort of child-lunch associations in a database is a romance set. In other words, a romance set compares to a regards in math concepts, while a relationship corresponds to a member from the relation. your five. 2 . 3Relationships, Roles and Cardinalities In Chen’s original paper this individual gives among the a marriage and its jobs. He describes a romance “marriage as well as two jobs “husband and “wife. A person performs the part of hubby in a marital life (relationship) and another person performs the role of better half in the (same) marriage. These kinds of words are nouns. That is no surprise; identifying things requires a noun. However as is quite usual with new tips, many desperately appropriated the new terminology however applied it to their very own old concepts. Thus the lines, arrows and crows-feet of their blueprints owed even more to the earlier Bachman diagrams than to Chen’s romance diamonds. And so they similarly misitreperted other important concepts. In particular, it became trendy (now practically to the point of exclusivity) to “name relationships and roles as verbs or phrases. five. 2 . four Limitations EMERGENY ROOM models presume information articles that can readily be symbolized in a relational database.

That they describe simply a relational structure in this information. Therefore, they are inadequate for devices in which the details cannot readily be represented in relational form, just like with semistructured data. Furthermore, for many systems, the possible changes to the info contained are nontrivial and important enough to bring about explicit requirements. Some writers have expanded ER modeling with constructs to represent transform, an approach maintained the original creator; an example is usually Anchor Modeling. An alternative is usually to model alter separately, using a process modeling technique. Further techniques can be used for other aspects of devices. For instance, IM OR HER models roughly Figure 6. E-R modeling 5. 3 Table Composition In relational databases and flat document databases, a table is known as a set of data elements (values) that is organized using a model of vertical content (which will be identified by way of a name) and horizontal rows, the cell being the system where a line and line intersect. A table includes a specified volume of columns, but can have any number of rows each row is determined by the beliefs appearing within a particular line subset that can be identified as a distinctive key index. Table is yet another term intended for relations; while there is the difference in this a desk is usually a multi-set (bag) of rows whereas a connection is a arranged and does not let duplicates. Aside from the actual info rows, dining tables generally possess associated with all of them some meta-information, such as limitations on the table or on the principles within particular columns. The data in a table does not need to be physically kept in the data source. Views can also be relational furniture, but 154

correspond to just 1 of the 18 different building techniques made available from UML. One more limitation: SER modeling can be aimed at indicating information from day one. This matches the design of fresh, standalone data systems, although is of significantly less help in integrating pre-existing information sources that already establish their own info representations in depth. Even in which it is suited in rule, ER modeling is hardly ever used as a separate activity. One reason for this is this abundance of tools to aid diagramming and also other design support directly on relational database management systems. These tools may readily draw out database layouts that are very close to ER diagrams by existing directories, and they give alternative thoughts about the information found in such diagrams. In a survey, Brodie [7] and Liu could not locate a single instance of entity”relationship modeling within a sample of ten Lot of money 100 corporations. Badia and Lemire fault this lack of usage

around the lack of advice but as well on the insufficient benefits, just like lack of support for data integration. Likewise, the enhanced entity”relationship model (EER modeling) introduces several concepts which are not really present in IM OR HER modeling. IM OR HER modeling since shown in Figure 6th.

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Foreign Journal of Science and Research (IJSR), India Online ISSN: 2319-7064 their info are worked out at query time. One other example is nicknames, which in turn represent a pointer into a table in another database. your five. 4 Database Schema A database programa of a data source system is their structure defined in a formal language supported by the database management system (DBMS) and refers to the organization of information to create a formula of how a database will be constructed (divided into database tables). The formal meaning of database programa is a group of formulas (sentences) called honesty constraints made on a data source. These ethics constraints guarantee compatibility between parts of the schema. All constraints are expressible in the same terminology. A database can be considered a structure in realization of the database dialect. The declares of a created conceptual programa are changed into an direct mapping, the database schizzo. This describes how real-world entities will be modeled inside the database. “A database programa specifies, depending on the database administrator’s familiarity with possible applications, the facts that can enter the repository, or those of interest towards the possible end-users.  The notion of a databases schema performs the same part as the idea of theory in predicate calculus. An auto dvd unit of this “theory closely compares to a repository, which can be viewed at any instant of time as a mathematical subject. Thus a schema can easily contain formulas representing ethics constraints particularly for an application and the constraints especially for a type of database, all indicated in the same database vocabulary. In a relational database [8], the schema describes the desks, fields, associations, views, indexes, packages, techniques, functions, lines, triggers, types, sequences, materialized views, word and phrase replacements, database backlinks, directories, Java, XML schemas, and other elements. Schemas are often stored in a data dictionary. Although a programa is identified in textual content database terminology, the term is often used to refer to a graphical

depiction of the data source structure. Basically, schema is the structure in the database that defines the objects in the database. In an Oracle Repository system, the definition of “schema includes a slightly different meaning. For the interpretation used in an Oracle Database, observe schema subject. 5. 5 Levels of Data source Schema A conceptual schema or conceptual data model is a map of principles and their interactions. This describes the semantics of an firm and represents a number of assertions about its nature. Specifically, it describes those things of relevance to an organization (entity classes), about which it is willing to collect info, and features of (attributes) and interactions between pairs of those issues of value (relationships).

Determine 7. Conceptual schema or perhaps conceptual data model May well schema can be an parallelbezeichnung that allows an exceptional name to become given to all the physical schemas containing precisely the same data store structures. The purpose of the logical schema should be to ensure the portability of the procedures and models around the different physical schemas. This way, all improvements in Developer are carried out exclusively in logical schemas. A logical schema can have one main or more physical implementations upon separate physical schemas, but they must be depending on data servers of the same technology. A logical schema is always immediately linked to a technology. To get usable, a logical schema must be declared in a context. Proclaiming a logical schizzo in a framework consists of indicating which physical schema corresponds to the alias-name ” reasonable schema ” for this context. For example: The logical programa LEDGER is the set of Sybase tables required for the working of the accounting application. These tables are stored in an actual schema for every single installation of the accounting application. Work in Artist or Owner is always carried out on the reasonable schema JOURNAL. Only the framework allows the physical programa on which the operations are actually done to be determined. Therefore, the user may switch from physical environment to another within a action. A logical schema’s example is displayed in determine 8. Desk 1: Identity of the rational schema Name of the logical schema JOURNAL LEDGER LEDGER Context Boston Seattle Development Seattle Evaluation Physical Programa Sybase Boston LDG Sybase SEATTLE PROD LDG Sybase SEATTLE TEST LDG

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Worldwide Journal of Science and Research (IJSR), India Online ISSN: 2319-7064 This article covers the Oracle use of the definition of. For additional uses of “schema within a database framework, such as a graphic representation of tables and other objects in a database, see database programa. In an Oracle database, connected with each databases user is a schema. A schema comprises a collection of schizzo objects. Samples of schema things include: desks, views, sequences, synonyms, indices, clusters, databases links, snapshots, procedures, functions and packages.

Figure 8. Logical schemas Physical schizzo is a expression used in data management to spell out how info is to be represented and stored (files, indices, et approach. ) in secondary storage area using a particular database management program (DBMS) (e. g., Oracle RDBMS, Sybase SQL Server, etc . ). The logical schema was your way data were displayed to conform to the restrictions of a particular approach to database software management. At that time the options were hierarchical and network. Describing the logical schizzo, however , continue to did not identify how bodily data would be stored upon disk pushes. That is the site of the physical schema. Right now logical schemas describe data in terms of relational tables and columns, object-oriented classes, and XML tags. A single pair of tables, for instance , can be executed in numerous methods, up to and including an architecture exactly where table rows are preserved on computers in different countries.

Figure twelve. Schema things 5. 6 Php Classes A PHP session adjustable is used to maintain information about, or change settings for a customer session. Program variables keep information about one single user, and therefore are available to every pages in one application [9]. If you are working with a credit card applicatoin, you open it up, do some adjustments and then you close that. This is very much like a Session. The computer knows who you are. It knows when you start the application and once you end. But around the internet there is one issue: the web server does not understand who you are and what you do since the HTTP addresses doesn’t

maintain express. A PHP session resolves this problem simply by allowing you to retail store user information on the server for later use (i. e. username, shopping things, etc). Yet , session info is short-term and will be erased after the consumer has left the website. If you need an everlasting storage you really should store the data in a database. Sessions function by making a unique id (UID) for every single visitor and store variables based on this UID. The UID will either be stored in a cookie or perhaps is propagated in the WEB LINK. In PHP, sessions can keep track of authenticated in users. They are an essential building block in the current websites with big residential areas and a lot of consumer activity. Without sessions, everyone would be an anonymous visitor. In program terms, PHP sessions are little documents, stored within the server’s drive. But in high traffic sites, the disk I/O engaged, and not having the ability to share classes between multiple web web servers make this default system faraway from ideal. This is how to enhance PHP session management in terms of functionality and share ability. If you have multiple web servers all offering the same site, sessions must be shared among those servers, and not one hundred and fifty six

Figure 9. Physical schema In Data source lore, a schema subject is a logical data safe-keeping structure. This possibly stems from the use of the term in the context of Oracle databases. The word “schema may have different meanings when ever talking about non-Oracle databases.

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International Record of Scientific research and Analysis (IJSR), India Online ISSN: 2319-7064 live on each server’s individual drive. Because each user gets load-balanced to another server, the session may not be found, successfully logging the person out. A common way around this is to use custom made session handlers. 5. 7 Shopping Cards A shopping cart software is a software program that typically runs on the computer where the Web site can be found (the Internet server), and allows customers to do things such as searching for an item in your retail store catalog, adding a selected item to a basket, and putting in an order for it. The shopping cart “integrates with the rest of your Web site. In other words, you will discover typically backlinks on your Web pages that consumers can select, and which will allow them to carry out some

of the capabilities described over. For example , many e-commerce Internet sites have a “search website link appearing in each Web page, within the navigation area Shopping buggies are written in a variety of distinct programming languages. Some of them offer full usage of the “source code, hence allowing experienced programmers to create modifications towards the system features, some others avoid. Some shopping carts run using Windows Net servers, several on Unix, others in both. Generally, you can put the shopping cart with your Web machine simply by copying its data files there employing any FTP [10] software program, where FILE TRANSFER PROTOCOL stands for Data file Transfer Process. For example , our shopping cart software ” called Item Card is a collection of documents written in a programming terminology called Traditional ASP, and you host on a Windows server. Experienced coders can customize the system as they wish while the source code is included. iii. Merchant operates credit card throughout the point of sale unit. The amount of the sale is either hand-entered or sent by the check out. iv. Product owner transmits the credit card data and product sales amount having a request for consent of the sale to their attaining bank.. sixth is v.

The purchasing bank that processes the transaction, ways the consent request for the card-issuing lender. The credit card number pinpoints type of greeting card, issuing financial institution, and the cardholder’s account. ni. If the card holder has enough credit in their account to cover the sale, the issuing financial institution authorizes the transaction and generates a great authorization code. This code is delivered back to the acquiring bank. vii. The obtaining bank digesting the deal, and then directs the approval or denial code to the merchant’s point of sale unit. Each stage of sales device has a separate terminal ID to get credit card processors to be able to route data to that particular unit. viii. A sale draft, or perhaps slip, is printed out by the stage of deal unit or perhaps cash register. The merchant asks the buyer to sign someone buy draft, which will obligates them to reimburse the cardissuing traditional bank for the quantity of the sale. ix. At a later time, probably that night if the store can be closing up, the product owner reviews every one of the authorizations stored in the point of sale unit against the authorized sales drafts. When every one of the credit card authorizations have been confirmed to match the actual sales breezes, the service provider will capture, or transmit, the data to each authorized visa or mastercard transaction towards the acquiring traditional bank for put in. This is instead of depositing some of the signed conventional paper drafts with the bank. by. The purchasing bank functions

precisely what is called an interchange for each sales draft, with the suitable card-issuing bank. The card-issuing bank transfers the amount of the product sales draft, minus an interchange fee to the acquiring traditional bank. xi. The acquiring bank then build up the amount of the all the sales drafts published by the product owner, less a discount fee, in the merchant’s bank account. Credit card purchase is shown in Number 12.

Determine 11. Yahoo Checkout shopping cart software 5. eight Credit Card Transaction From the details presented inside the preceding areas, we can learn to piece together what is occurring during a credit card transaction. We know that retailers have a relationship with either an acquiring financial institution or self-employed sales firm, through which they have their mastercard transactions processed. The section on sector terminology shows us a few of the fees linked to this process. Vendors must shell out the acquiring bank or ISO a deep discount fee based for the total quantity of the deal. Likewise, the acquiring bank or INTERNATIONALE ORGANISATION FÜR STANDARDISIERUNG must pay the card company an interchange fee when they process the sales draft from the product owner. Steps involved in a normal visa or mastercard transaction: my spouse and i. Merchant calculates the amount of purchase and requires buyer intended for payment ii. Buyer reveals merchant with a credit card.

Physique 12. Visa or mastercard transaction

six. Conclusion

Electronic commerce or e-commerce is a term for any type of business, or commercial transaction that involves the transfer info across the Net. It is at the moment one of the most important aspects of the net to come up. E157

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International Log of Science and Analysis (IJSR), India Online ISSN: 2319-7064 business has grown tremendously worldwide. In the foreseeable future e-commerce may become totally portable based. In Bangladesh Web commerce also get a very strong business mechanism but Bangladesh will have to get over the problems with poor network connectivity and electronic payment

concerns. The problems determined in this Project are: Secureness problem, Perplexing checkout procedure, Customers cannot find products, Customers can’t touch and fell a product, No product sales staff means any possibility of up-selling, Language barrier. Regarding the identified complications the following solutions have been suggested: Merchant must ensure the platform employs solid encryption for payment digesting and client data retention. E-commerce system should always have a visible running total of purchases conspicuously displayed through the customer encounter. E-commerce platform must support the ability to present the customer with nested types as well as a search box. An web commerce platform also needs to support a chance to attach multiple pictures to a product catalog page, allowing the consumer to view the product by multiple aspects. E-commerce platform needs to be in a position to associate items with related and free of charge products. The machine should let all translation to be performed centrally. My personal M. Sc Engg. in CSE is usually running in Bangladesh University or college of Anatomist and Technology (BUET), Dhaka-1000, Bangladesh. My research interest areas are definitely the image finalizing, Computer Sites, Computer Systems and Info Security, Compiler, Theory of Computations, etc . My several papers Posted in Foreign Journals. Muhammad Golam Kibria, Assistant Professor and Brain, Department of CSE, College or university of Information Technology & Sciences, Dhaka, Bangladesh. I accomplished Masters in Mobile Computing and Communication through the University of Greenwich, London, uk, UK. My personal research hobbies are Computer Network Security and picture processing, Messfühler, Robotics and Wireless Messfühler Network. Mohammad Nuruzzaman Bhuiyan is working as a Lecturer at the Section of CSE & THIS, University details Technology & Sciences (UITS), Baridhara, Dhaka-1212. Bangladesh. I possess completed my personal B. Sc Engg. and M. Sc Engg. in CS in the University of Sheffield, Western Bank, Sheffield S10 2TN, UK. My own research curiosity areas are Fundamental of Computer, World wide web technology, Computer system Networks, Computer system Networks and Data Security, Theory of Computations, etc . My a number of papers recognized in International Journals.

Recommendations

[1] http://en.wikipedia.org/wiki/Electronic_commerce [2] Tkacz, Ewaryst; Kapczynski, Adrian (2009), Springer, S. 255 [3] Online Today, The Electric Mall. CIS/compuserve nostalgia.

Http: //www.gsbrown.org/compuserve/electronic-mall1984-04/. [4] http://www.marketwatch.com/story/amazon-buysdiaperscom-parent-in-545-mln-deal-2010-11-08/. [5] http://techcrunch.com/2011/03/28/ebay-to-acquire-gsicommerce-for-2-4-billion [6] Burns, Holmes At the. And Engemann, Kurt M. (1996); A technique for taking care of information-based risk; Information Assets Management Journal; 9: 2; 17-24 [7] http://www.e-consultancy.com/news blog/363726/whydo-customers-abandon-the-Checkoutprocess. htmlcopyright 08 Voloper Masterpieces Inc. six [8] http://www.articlesbase.com/e-commercearticles/impacts-of-e-commerce-on-business1882952.html [9] http://www.startupsmart.com.au/mentor/michaelfox/2011-02-03

Authors Account

Md. Akbor Hossain received the B. Sc degrees in CSE School of Information Technology and Sciences (UITS), Baridhara, Dhaka-1212, Bangladesh. I am working as being a Lab Demonstrator at the Department of CSE & IT, University of Information Technology & Sciences (UITS), Baridhara, Dhaka-1212, Bangladesh. *Md. Akkas Ali is operating as a Lecturer at the Office of CSE & THAT, University of Information Technology & Sciences (UITS), Baridhara, Dhaka1212, Bangladesh. I completed my B. South carolina Engg. in CSE from Chittagong College or university of Engineering and Technology (CUET), Chittagong-4349, Bangladesh.

Amount 2 Concern 2, March 2013 www.ijsr.net

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