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Along the way I learned several things about both myseldf and web site design. Fourth months and about $1,900 later I have a ecommerce web site that I could have built in about 45 days and for one third the cost. Yes, there were some expensive lessons I learned the hard way.
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E-Currency Exchange: The First Bonanza of the 21st Century?
The business is e-currency, which allows Internet-based purchase and sales transactions involving almost anything to be safely conducted at lightning speed. Safeguards are in place to make identity fraud, chargeback prevention and funds verification much more of a surety than anything the conventional means of payment in the non-cyber world can provide.
Credit Card Processing - 7 Things You Need to Know Before Opening an Online Merchant Account
The following topics are things you need to know about credit card processing online before you open an online merchant account:
Is It Easy to Build An E-commerce Web Site?
E-Commerce website is all about selling products and services over the Internet. Amateurs may think that it is easy to build your own e-commerce system and our advice to you is to stay away from these amateurs. Building an e-commerce system is a complicated process and it requires web professionals who know the intricacies of building secure systems. Building an e-commerce system comes with the potential for a lot of errors and it is advisable to find security and database experts for the job.
Ecommerce Information Article:
Creating Legal Framework for E-commerce Taxation; non-tax statutes
Amending Contract Act, 1872
I recommend the amendments in section 3 and 4 of contract Act 1872 so as to make the compactable with section 13, 14 and 15, of the electronic transaction ordinance 2002 related with attribute of communication, acknowledgement of receipt and time and place of the communication between the parties. Either additional section should be added for acceptance device of 'electronic communication', or words be added in matter connected with electronic communication relevant section 13,14 and 15 be evoked while interpretation of section 3 and 4 of contract Act 1872.
Amending Copyright Ordinance 1962
Under section 10 of copyright ordinance 1962 should be amended to add the www publication as copyrightable work, I recommend here clause (d) of subsection 1 of section 10 be added to remove the inadequacy in copyright law.
Amending Custom Act,1969
We must remain vigilant against the WTO policy of zero tariffs so as to make our custom Act compactable with electronic communication and to stop avoidance taxation by the electronic commerce means. To discuss proposals of legislation at this moment is out scope of this thesis because all duties of the custom are subject to physical and visible goods.
Amending Bankers' book evidence act,1891
The section 6 of bankers' book evidence Act of 1891 should be amended by extending additional power to the inspecting income tax authorities to call for the record of the banks for the purposes of imposition of taxes.
The writer is an advocate of High Court and practicing immigration and corporate laws in Pakistan since September 2001. He is a self employed and pioneer in research on electronic commerce taxation in Pakistan. His articles were published widely in the critical areas of cyber crimes, electronic commerce, e-taxation and various other topics. He wrote LL.M thesis on titled "Legislation of electronic commerce taxation in Pakistan" in which he provided comprehensive legal proposals for statutory reconstruction of tax laws for purpose of imposition of taxation on e-business in Pakistan. Currently he is conducting is research on topic 'Electronic commerce taxation: emerging legal issues of digital evidence'.Author can be contacted by email: adil.waseem@lawyer.com.
Related Smart Ecommerce News and Articles From adzines
Thinking of building an affiliate niche store? There's the hard way and there's the easy way. This article shows how ridiculously simple it can be to do it the smart way if you know what to use.
The first article of this series discussed page views per session as a kind of early warning system key performance indicator (KPI) for your website. The second discussed time on site as another warning flag. Both of these articles show specific measurements used to forecast site problems. There are lots of KPI's you can set up to warn you of impending doom or better show your successes but to go through each one would take me till the end of next year. So to wrap up this series, this article will discuss the general metrics you should be looking at as an 'e' business and more importantly why you should be looking at them.
Anyone using a slow, or an awkward payment processor had better wake up! There are some very slick ways to transfer money around the globe, in todays, lightning fast world, both your customers and your suppliers demand payment in the click of a mouse.
Why time spent on your site is important All websites regardless of type should measure this KPI, simply because all websites can use it as a gauge to see how compelling their offers are as well as check web site performance. It doesn't matter whether you're running a content portal or an e-commerce sales operation, time spent on your pages is an important metric to measure. If you have for instance a commerce site you need to know how long your offers hold your audience.
I had a rude awakening recently. I checked the days worth of sales from one of my sites and there were none. This had never happened before and of course I was anxious to find out what was wrong.