Most importantly, ecom is safe . But ecommerce can be a confusing subject and many of us need a little help sorting it all out. CSPs are business or web sites that provide ecommerce solutions. These terms are also used interchangeably, and they refer to any of the various methods that allow a person to purchase goods or services by transmitting a number from one computer to another. The numbers are issued by a bank and represent sums of real money.
Digital cash is anonymous and reusable.
Unlike credit card transactions, the merchant does not know the identity of the shopper. Yahoo s Listing of Companies Providing various e-commerce solutions. Cybercash and E-cash are two well known methods. Electronic Checks or Cheques Customers pay for merchandise by writing an electronic check that is transmitted electronically by email, fax or phone. The digital signature is encoded by encrypting with the customer s secret key.