Book Bunker Online Payment And Security - 1905 Words

Book Bunker: Online Payments and Security Book Bunker’s interest in accepting payments online also requires knowledge regarding online security. Online security is vital to an e-commerce business, because customer information, as well as transaction information is available to hackers if the correct security protocols are not implemented. Creating a secure online environment for Book Bunker customers can be done through various security features such firewalls, software, and a secure e-pay service. Security protocols should be implemented prior to the online payment system being activated, to ensure the customer information and transaction records are protected. The acceptance on online payments will also require preparation, such as creating a merchant account, choosing a service, and imbedding the service on the Book Bunker website. Implementation can be time consuming, but the result will be increased revenue for Book Bunker, because customers will not be deterred by the requirement to complete sales over the phone or in the store. Types of Accounts Accepting online payments requires an account for those payments to be deposited into. There are two available accounts to choose from: Merchant Accounts and Independent Service Organizations. There are advantages and disadvantages to each type of account, including requirements to set up the account and risks associated to the type of account. Merchant Accounts Merchant accounts are deposit-only accounts whereShow MoreRelatedIntegrating Search Engines With E Commerce1695 Words   |  7 PagesINTRODUCTION. Since we have already explored the world of social media, Book bunker should now start looking at other opportunities in electronically marketing themselves. 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