PURCHASE CONSUMATION OF E-COMMERCE:-
After identifying the products to be purchased, the buyer and seller must interact to carryout mercantile transaction.
A mercantile transaction is defined as the exchange of information between buyer and seller followed by the payment.
Depending on the payment model mutually agreed on, they may interact by E-Cash, or transferring authorization for credit billing authorization (Visa, Master Cards)
Mercantile process using digital cash or E-Cash.
Mercantile process using credit cards.
Basic mercantile process model for any transaction online business.
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