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