The human never stop to build up new things. Day by day humans are adding new technology and improvement in the world. While electronic commerce (e-commerce) continues to have a deeply impact on the global business environment, technologies and applications have begun to focus more on more. Now a day 's customers and businesses are using the internet to conduct business and to run it which gives an incredible growth for e-commerce. Ecommerce engages different kinds of phases like www, digital rights management, security, privacy issues and electronic payment systems. Now days in market areas there are different types of electronic payment systems available.
When it comes to payment options, nothing is more convenient than electronic payment. But still this mode of payment is not as popular as typical transactions. There are different kinds of electronic payments systems like Credit cards, Digital cash, EFTPOS, Digital accumulating balance payment systems, Digital credit accounts, Online stored value systems.
The concept of digital wallet is relevant to many of the new digital payment systems. It tries to follow the functionality of traditional wallet. Most important functions includes authentication consumer through use of digital certificates or other encryption methods and store and transfer value trough secure payment process from consumer to merchant. Digital wallet is mostly use in M-commerce.
Digital Cash is one of the best forms of payment systems. In Digital cash,
Saint Jovite Youngblood - President of Youngblood Metals Mining
A graduate of Case Western Reserve University in Cleveland, Ohio, “Kota” Saint Jovite Youngblood holds a bachelor of arts in business with a minor in mathematics. He went on to serve tenures as a finance director at Delbianello Import and Export in Van Nuys, California, and a general manager of Miracle Mile Coin in San Marino, California. For the past six years, “Kota” Saint Jovite Youngblood has been responsible for the wholesale purchase and sale of collectable inventory as the president of Youngblood Metals Mining in Monrovia, California. A lifetime member of the Numismatic Guaranty Corporation and the Professional Coin Grading Service, he also belongs to the Professional
Document two is a picture that comes from the British Museum, which should work to educate people in an unbiased manner. The document is a picture of artifacts and, more importantly, coins from China that were found in the Swahili coast. Because it is only a picture, it shows nothing but pure factual information. The use of coins suggests that trade was not quite important or common enough to use paper money instead. China started using paper money instead of coins once trade was so important and common that coins often were too heavy for traders to carry in large quantities.
American Presidency $1 Coin Cover Series showcases the Presidential $1 Coins. The 2013 William McKinley $1 Coin Cover is the 25th issue in the series, which began in 2007.. Today, there are very few of these $500 bills left. The last print run was in 1945. But should you use a 500 dollar bill to buy groceries?
The reason for this change is because paper money was cheap to produce causing it to become low in worth. An example of this would be China’s trade with the Europeans for their silver since it was a precious metal that could not be found in China. Another example of this would be the Chinese smuggling in opium when silver declined in worth later
In Persia, paper money was introduced to fix financial problems due to excessive spending. The ilkhan ordered all subjects to accept the new currency as payment. The paper money was looked as worthless by the general public, and merchants closed shops, bringing commerce to a halt. When commerce through the empire came to a stop, the already declining empire began to completely collapse. In china, paper money was introduced in the Song and Tang dynasties and was continued by the Mongols.
“We’re not keeping this in our house.” My father nodded. “But we can’t destroy it. We have to safeguard it—for all we know, this might be the last coin of its kind in the world” (Lu 232-233).
Before a single form of currency was established, local banks were allowed to make loans that were issued by their own bank notes. The local banks did not have to use gold and
Of Beef for 10s. English money. Lamb is about five farthings the pound… have as much brandy as I like to drink for three half-pence….” to show his wife how prosperous they can be if they emigrated. He ends his letter with one final anecdote explaining how even women for out in the country dress as nice as those in the city do, and ends the letter with a personal observation of “You see no beggars,” expecting his wife to take it as
In his book, "Bankruptcy of Our Nation”, Jerry Robinson, states that the Bible condemns the kind of money system we use in the U.S. – a system in which the value of money is constantly changing and subject to manipulation. This system is considered a Fiat currency system; a system of unjust weights and balances (Robinson, 2009). Biblical Scripture states "A false balance is abomination to the LORD: but a just weight is his delight." (Proverbs 11:1, ESV) and, “Do not use dishonest standards when measuring length, weight or quantity. Use honest scales and honest weights, an honest ephah and an honest hin.
Face recognition technology [1] is the least intrusive and fastest biometric technology. It works with the most obvious individual identifier – the human face. Instead of requiring people to place their hand on a reader (a process not acceptable in some cultures as well as being a source of illness transfer) or precisely position their eye in front of a scanner, face recognition systems unobtrusively take pictures of people 's faces as they enter a defined area. There is no intrusion or delay, and in most cases the subjects are entirely unaware of the process. They do not feel "under surveillance" or that their privacy has been invaded.
Today nearly everyone has to have and use a credit card (credit card) as a medium of non-cash transactions. This is because the manufacturing process tends to be easier, offer a discount for its users as well as the practicality of use. But of course there are consequences to be paid when you use that bill pembayarannnya. For some people it does not matter, but for some others, sometimes it becomes a new problem. As a result, it is instead make your life easier, but instead burdening your life.
We all know that shopping at stores requires us to go to mall or department stores in buying supplies and spend our money. Now we live in the age of internet and buying things can now be done by clicking a mouse. Because of the numerous benefits of shopping online more and more people these days prefer online shopping over conventional shopping. But which one gives us the best benefits? Our discussion centered on three differences between shopping at stores and shopping online.
Causes
According to Amin & Noor (2013), the E-consumers generally refer to the purchaser of goods and services over electronic systems such as Internet and other computer networks. This new group of consumers is increasing in number over the years as on-line shopping become a trend and manifestation of modern life style. Based from the Paynter & Lim (2001), E-commerce would provide consumers with benefits such as interactive communications, fast delivery, and more customization that would only be available for consumers through online shopping. Product information in the Internet is more compact and it ranges from various sites.
