Good companies go bad, bad companies come good, and other companies go out of business.
For many, the focus of E-commerce is the process of accepting payments for goods and services online, and this is the main theme of this web page. Of course, many companies will already have this type of account for the paying convenience of their customers. Extremely efficient and timely way of transferring funds Security issues are reduced since the credit card details are not stored by the merchant. All the 'sensitive' information is transacted directly into the banking system in a highly-encrypted form, and the merchant just receives notification whether a particular payment request was accepted or not. This means that the complete order details, including credit card information, monetary totals, customer details, etc., are accepted through a web page and copied to a database on the merchant's web server.