Mercantile Process Model of E-Commerce


Mercantile Process Model of E-Commerce: –


Mercantile process is an interaction model between consumer and Merchants for online commerce.


•     This is necessary to buy and sell goods, a buyer, a seller, and other parties should follow some standard business processes.


•     The establishment of a common merchant process (or set off processes) is must to increase the convenience for customers.


• A well established standard process using processing credit cards purchases contributed more for the E-Commerce.


There are three types of mercantile models.


•     Mercantile models from the consumer’s perspective

•     Mercantile models from the merchant’s perspective


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