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Ict Unit 1 D2

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Amazon is an example of one ecommerce organisation which allows users to purchase products on there through paypal. This is now the most popular method of online transaction due to its simplicity, security and instant transfer. This is done by the user transferring their money into another users paypal account by digital transferring it. This may also make customers feel safer and more comfortable with buying online as they don’t require inserting their bank details into various different websites as once they sign up through the paypal website it won’t be required again as only the login of your paypal account is required for the transaction of money to occur between the buyer and seller online.

NoChex is a payment service available on eBay which lets users gain and make payments securely to each other online through affordable transactions. This may also be done by transferring money from and to bank accounts by also transferring money to another users NoChex account without having to pay many fees when doing so. It may also be done when making payments for purchasing products off other users, but the transfer can only be made if both users have a NoChex account registered along with their credit or bank card details, as they will be put safely onto the account once so the transfer of money can be made efficiently and safely.

Credit or debit cards may also be a payment system which is used by ecommerce organisations such as Argos which can be used to make payments online from the buyer to the seller. The card details may only have to be inputted once when making a transaction as an Argos account is also be required for you to purchase goods through your credit card, therefore it will require you to sign up and create an account before you are able to use the card for paying for items bought off the ecommerce website.

The similarities of paypal and

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