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Welcome
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Report On

“E-commerce”
 Report On E-Commerce
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Prepared For… Prepared By…

• Md. Hasibul Hassan

Ayesha Jahan (AJ) ID- 09120277
Lecturer, School Of Business. • Md. Momenul Haque
ID- 08117077
• Md. Pavel Hossain
ID- 09221029
• Md. Rasel Miah
ID- 09221103
• Safiqul Islam
ID- 09221112
Date of Submission: 19 August 2009
 TABLE OF CONTENTS
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No Topics Slide
No.
01 Introduction
02 Definition of E-Commerce
03 Dimensions of E-Commerce
04 Objective of the Study
05 Major Constraints to E-
Commerce
06 How does an e-commerce
store work?
07 How do shopping carts
work?
08 Transaction Privacy and
Security: How does e-
commerce affect my
privacy?
09 What is an electronic wallet?
10 How does a person-to-
person payment work?
11 Telecommunications: An
 Introduction
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The Internet has opened up a new horizon for commerce,

namely electronic commerce (ecommerce). The
Internet, through advanced mechanisms of data
transfer networks, establishes global linkages between
customers and suppliers regardless of geographic
location. E-commerce entails the use of the Internet in
the marketing, identification, payment and delivery of
goods and services. It involves order processing at
company Websites and securing Electronic Fund
Transfer (EFT) payment systems.
 Definition of E-Commerce
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Electronic commerce is commonly known as (electronic

marketing) E-commerce or E-Commerce, consists of
buying and selling of products or services over
electronic systems such as the Internet and other
computer networks.
The meaning of electronic commerce has changed over
the last 30 years. Originally electronic commerce
meant the facilitation of commercial transaction
electronically, Using technology such as Electronic
Data Interchange (EID) and Electronic Fund Transfer
(EFT).
 Dimensions of E-Commerce
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The Four Dimensions of e-commerce are

– B2C (business-to-consumer) e-commerce – typical

e-commerce activities that the typical Web surfer
enjoys
– C2C (consumer-to-consumer) – includes online
auctions and rummage sales
– B2B (business-to-business) e-commerce – involves
one enterprise buying goods and services from
another enterprise
– B2G (business-to-government) e-commerce – aims
to help businesses sell to governments
 Objective of the Study
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E-commerce facilitates the very process of international

transaction; this involves securing and finalizing a
contract, delivery of the product, and finally payment
for performance of the contract. The movement of
goods and services, as well as the payment
mechanisms within a country and more so outside a
country, are governed by regulatory and legal issues.
Hence, the regulatory environment is at the core of e-
commerce development.
 Objective of the Study
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This paper aims to highlight the status, statutes,

potential and constraints of e-commerce development
in Bangladesh. Both the statutory laws as well as the
challenges in implementing them will be attempted.
The paper shall also list specific policy changes aimed
at bringing improvements to the legal and regulatory
environment affecting ecommerce.
 Major Constraints to E-Commerce
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This paper highlights various constraints to commerce

and trade in general and e-commerce in particular.
– Too few telephone connections
– Absence of a strong independent regulatory body
for the telecommunication sector
– Absence of encryption law that precludes
acceptance of digital signature.
– Strong dependence on Letter of Credit (L/C) to
conduct international transactions.
– Non-issuance of international credit cards for cross
border transactions.
– Interest rate ceiling on export loans.
 How does an e-commerce store work?
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 How do shopping carts work?
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• Shopper browses Web site, and then adds products

using a “Buy” or “Add to Cart” button

• Uses cookies to store information about your activities

on Web site
 Transaction Privacy and Security: How does e-commerce
affect my privacy?
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• Spy ware is often used to gather information secretly

and relay it to advertisers or other interested parties

• Ad-serving cookies track your activities at any site

containing banner ads from the third party (who
supplied the cookie)
 What is an electronic wallet?
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 How does a person-to-person payment work?
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• Customer opens an account

• Some services require you to deposit some money into
your account
• Customer receives user ID and password
• Money can be sent to anyone who has an e-mail
account
 Telecommunications: An Integral Part of E-Commerce
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Access, pricing, and the quality of Internet services are

critically dependent on the status and performance of
the telecommunications sector. The telecommunication
sector of

Bangladesh is characterized by poor level of penetration

(0.4 telephone for every 100 persons, Graph 1), high
cost to access, $341 connection fees for each
telephone, one of the highest in the world, and a
lengthy waiting period -- average waiting period for a
new telephone connection varies from three months to
ten years.
 Telecommunications: An Integral Part of E-Commerce
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 Computer Fundamental
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Thank You