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Project Management. Online Transaction Management YouTube - eBay Taiwan Commercial Cassandra FDN B5. Online Transaction. A system that facilitate and manage transaction-oriented application Not just limit to online shopping Applicable in various industries.
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Project Management Online Transaction Management YouTube - eBay Taiwan Commercial Cassandra FDN B5
Online Transaction • A system that facilitate and manage transaction-oriented application • Not just limit to online shopping • Applicable in various industries
Initiation Planning and Design Executing Monitoring Initiation: • Reduced physical personal intervention • A systematic way to arrange data and information • Increase the number of potential customers Project Management
Planning and Design • Website establishment - Accessibility - Well-presented page Structure and Design - Great usability - Regular update of information
Planning and Design Legal issues • Terms and conditions • Data protecting • Tax implication • Copy right • Domain names
Executing Advertising • Necessary marketing strategy • Raise publicity of the business • Increase the No. of potential customers • Search engines • Social networks • Might be costly
Executing Product Delivery • Depend on the type products or services involved E.g. Digital media products Downloading ; Clothes Shipping • Good Delivery service increase customers’ confidence in the online transaction
Executing Payment systems • Credit cards and Debit cards A common and popular form of electronic payment • Internet Merchant Account (IMA) & Payment Service Provider (PSP) To accept card payments legally
Executing Payment systems • Online payment bureaus • E.g. Paypal, WorldPay • Simpler application process • An authorised third-party to complete the payment • Higher transaction charges • Settlement Period
Executing → Protects customers' privacy of personal information → Help to build up customer loyalties Security • Payment Gateway Delivers information Comply with credit card providers’ security programme E.g. Visa CISP • Encryption Protect information during transmission process • Authentication Identity: Protect usernames and passwords Credit cards: VISA>>CVV
Monitoring Maintenance and Updating • Websites maintained and updated regularly Building up a strong customer brand • Safe product delivery • Secure payment methods • Increase customer loyalties