Flashcards: E-commerce

3-D Secure is an XML-based protocol designed to be an additional security layer for online credit and debit card transactions.

A debit card (also known as a bank card or check card) is a plastic payment card that can be used instead of cash when making purchases.

The dot-com bubble (also known as the dot-com boom, the tech bubble, the Internet bubble, the dot-com collapse, and the information technology bubble) was a historic speculative bubble covering roughly 1995–2001 during which stock markets in industrialized nations saw their equity value rise rapidly from growth in the Internet sector and related fields.

Electronic toll collection (ETC) aims to eliminate the delay on toll roads by collecting tolls electronically.

Electronic money, or e-money, is the money balance recorded electronically on a stored-value card.

Electronic Data Interchange (EDI) is an electronic communication method that provides standards for exchanging data via any electronic means.

An online auction is an auction which is held over the internet.

RSA is one of the first practical public-key cryptosystems and is widely used for secure data transmission.

A virtual world or massively multiplayer online world (MMOW) is a computer-based simulated environment populated by many users who can create a personal avatar, and simultaneously and independently explore the virtual world, participate in its activities and communicate with others.

Cyber Monday is a marketing term for the Monday after the Thanksgiving holiday in the United States.

A stored-value card is a payments card with a monetary value stored on the card itself, not in an external account maintained by a financial institution.

Singles' Day or Guanggun Jie (Chinese: 光棍节; pinyin: Guānggùn Jié; Wade–Giles: Kuang-kun chieh; literally: "bare sticks holiday") is an entertaining festival widespread among young Chinese people, to celebrate the fact that they are proud of being single.

Transport Layer Security (TLS) and its predecessor, Secure Sockets Layer (SSL), both frequently referred to as "SSL", are cryptographic protocols that provide communications security over a computer network.

A virtual currency or virtual money has been defined in 2012 by the European Central Bank as "a type of unregulated, digital money, which is issued and usually controlled by its developers, and used and accepted among the members of a specific virtual community.

In cryptography, a public key certificate (also known as a digital certificate or identity certificate) is an electronic document used to prove the ownership of a public key.

Drop shipping is a supply chain management method in which the retailer does not keep goods in stock but instead transfers customer orders and shipment details to either the manufacturer, another retailer, or a wholesaler, who then ships the goods directly to the customer.

Electronic trading, sometimes called etrading, is a method of trading securities (such as stocks, and bonds), foreign exchange or financial derivatives electronically.

An electronic signature, or e-signature, refers to data in electronic form, which is logically associated with other data in electronic form and which is used by the signatory to sign.

An alternative currency (or private currency) is any currency used as an alternative to the dominant national or multinational currency systems.

Paid content is content on the Internet – such as text, graphics, video and downloads – which is paid for.

Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct a range of financial transactions remotely using a mobile device such as a mobile phone or tablet, and using software, usually called an app, provided by the financial institution for the purpose.

Virtual goods are non-physical objects and money purchased for use in online communities or online games.

Restricting access to Internet content via a paid subscription is often called a paywall.

The TRANZ 330 is a popular point-of-sale device manufactured by VeriFone in 1985.

Electronic funds transfer (EFT) is the electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, through computer-based systems and without the direct intervention of bank staff.

(See also: Mortgage Electronic Registration Systems) An eMortgage is an electronic mortgage where the loan documentation is created, executed, transferred and stored electronically.

B2B e-commerce (also written as e-Commerce, eCommerce or similar variants), short for business-to-business, electronic commerce, is selling products or services between businesses through the internet via an online sales portal.

E-procurement (electronic procurement, sometimes also known as supplier exchange) is the business-to-business or business-to-consumer or business-to-government purchase and sale of supplies, work, and services through the Internet as well as other information and networking systems, such as electronic data interchange and enterprise resource planning.

UN/CEFACT is the United Nations Centre for Trade Facilitation and Electronic Business.