What is an electronic trade?
Electronic trade, sometimes called electronic business, is the purchase and sale of goods and services electronically. It also includes other business forms carried out over the Internet, such as the transfer of funds. Electronic trade includes consumer business and transactions between businesses. He has no time or space barriers. For example, the consumer in one country is immediately able to complete the transaction with the company in another country. The consumer buys a book he wants to buy and places it in an electronic shopping cart. Online bookstores complete a consumer transaction by applying for payment and delivery information. The consumer then provides this information to the online bookstore.onsumer by billing credit card or making another form of payment. The consumer receives a hint of completion of such a transaction and possibly separate transport information. The online bookstore then sends the book to the consumer. This online bookstore may have a physical store where consumers can go to buy books or it can only be virtualích trade.
Another form of electronic trade is the transfer of funds between bank accounts. If the consumer has used a credit card to pay an online bookstore for a book she has purchased, then a credit card company will have to transfer funds to pay an online bookstore for a transaction. If the credit card payment is payable, rather than sending a payment by post, the consumer could transfer funds from his account to credit cards online to pay for the book and any other charges raised from the card.
Online bookstore can fill in another form of electronic trade by applying a consumer book. Online bookstores could plan to transport a book with a shipping company. After the company receives the shipping company notification from the online bookstore that the item is ready for shipment, the transport company pick upNo shipment from the online bookstore. Online bookstores could send notifications of transport and information to the consumer to follow the location of the book during the transport process. At some point, the online bookstore will have to transfer funds to a shipping company to pay for the transport of the book.
businesses can also transact electronic trade directly among themselves. Online bookstores place an order from a book publisher for a certain number of books to have in their inventory. The book publisher will receive a payment through the transfer of funds organized in the online bookstore. The book publisher will arrange F or Sending books to the online storage device. Then the book publisher will also have to transfer funds to the transport company to complete the transaction.