Basic HTML version of Foils prepared July 6 99

Foil 57 Cyber-Store (1)

From Security Infrastructure fo Electronic Commerce and Internet CPS714 Computational Science Information Track -- June 2 and June 7 99. by Roman Markowski
1 Going Virtual (From a merchant perspective)
  • Choose "Online" or "Offline" CC authorization
    • Online: consumer's CC balance is queried and possibly debited, during the transaction
    • Offline: Web server is used simply to collect credit card orders; theses are then processed at a later stage (e.g. CC terminal with someone keying CC numbers by hand)
  • Decide if you want to do everything by yourself or use one or more third party companies (outsourcing)
    • iCat Software does everything from hosting the shopping cart software to collecting payments at no cost (up to 10 products)
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