a) Describe the following standards for E-paymentsi. SSLii. SETiii. Digital signaturesiv. Digital certificates (8 Marks)b) Explain any four ways of advertising online (4 Marks)c) Briefly explain three impacts of E-commerce to the society (3 Marks)
Question
a) Describe the following standards for E-paymentsi. SSLii. SETiii. Digital signaturesiv. Digital certificates (8 Marks)b) Explain any four ways of advertising online (4 Marks)c) Briefly explain three impacts of E-commerce to the society (3 Marks)
Solution
a) Standards for E-payments:
i. SSL (Secure Sockets Layer): SSL is a standard security technology for establishing an encrypted link between a server and a client. It allows sensitive information such as credit card numbers, social security numbers, and login credentials to be transmitted securely. The data sent is encrypted by one side, transmitted, then decrypted by the other side.
ii. SET (Secure Electronic Transaction): SET is a system for ensuring the security of financial transactions on the Internet. It was supported initially by Mastercard, Visa, Microsoft, Netscape, and others. With SET, a user is given an electronic wallet (digital certificate) and a transaction
Similar Questions
Identify four factors limiting the implementation of e-commerce (4 Marks)d) State and explain online payment systems (3 Marks)
a) E-commerce can be defined from different perspectives. Describe three suchperspectives. (6 Marks)b) Describe the following attributes of e-commerce. (4 Marks)a) Richnessb) Universal standardsc) E-commerce was preceded by the following two technologies. Discuss what each oneentailed. (4 Marks)a) Electronic Funds Transfers (EFTs)b) Electronic Data Interchange (EDI)d) The internet was designed around two protocol standards the TCP and the IP.a) Define what an IP address is. (2 Marks )b) Using a diagram illustrate the classful IP addressing scheme.(6 Marks)e) Describe four various application processes supported by B2B e-commerce.(8 Marks)
a) State and explain six requirements for any e-payments system. (6 Marks)b) Describe the 4Ps which make up the marketing mix for any company. (4 Marks)
E-commerce can be defined from different perspectives. Describe three suchperspectives. (6 Marks)
a) Using appropriate examples describe the following models of E-commerce[6 Marks]i. B2Gii. B2Ciii. C2Cb) Outline 3 differences between E-commerce and traditional commerce [3 Marks]c) State and explain three types of technical infrastructure that support e-commerce[6 Marks]
Upgrade your grade with Knowee
Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.