E-Commerce: Who Bears The Risk Of Fraud In A Banking Transaction

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Written by:

Dorothea J


Date added:

November 23, 2016








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17 / 4758


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The advent of the high volume, high traffic electronic commerce space has created high risk which has become a live-in risk. The question today is who bears the risk? INTRODUCTION Definitions eCommerce: This is a short form of Electronic Commerce. It is the buying and selling of goods and services on the Internet, especially the World Wide Web and other computer networks...
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In practice, this term and a newer term, e-business, are often used interchangeably. For online retail selling, the term e-tailing is sometimes used. Electronic commerce is generally considered to be the sales aspect of e-business. It also consists of the exchange of data to facilitate the financing and payment aspects of the business transactions...
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