电子商务课件09.ppt

管理学院信息管理系 陈志刚 czg913@126.com 《电子商务概论》讲义 Advantages and Disadvantages of Electronic Cash Traditional brick-and-mortar billing methods Costly Generate invoices, stuff envelopes, buy and affix postage to envelopes, send invoices to customers Accounts payable department Keeps track of incoming payments, posts accounts in database, ensures current customer data Online stores have the same payment collection inefficiencies Online customers use credit cards to pay for purchases Advantages and Disadvantages of Electronic Cash (cont’d.) Online auction customers use conventional payment methods Checks, money orders Electronic cash system Less popular than other payment methods Provides unique advantages and disadvantages Advantages of electronic cash transactions More efficient (less costly) Efficiency fosters more business (lower prices) Occurs on existing infrastructure (Internet) Advantages and Disadvantages of Electronic Cash (cont’d.) Advantages of electronic cash transactions (cont’d.) Internet spans globe Distance transaction travels does not affect cost Does not require one party to obtain authorization Disadvantages of electronic cash transactions No audit trail Money laundering Technique criminals use to convert money illegally obtained into spendable cash Purchase goods, services with ill-gotten electronic cash Goods sold for physical cash on open market Advantages and Disadvantages of Electronic Cash (cont’d.) Disadvantages of electronic cash transactions (cont’d.) Susceptible to forgery Other potentially damaging digital economic factors Expansion of money supply when banks loan electronic cash on consumer and merchant traditional bank accounts Electronic cash has not yet become a global success Will require wide acceptance and solution to problem of multiple electronic cash standards How Electronic Cash Works Consumer opens account with electronic cash issuer Presents proof of identity Consumer withdraws electronic cash using issuer’s Web s