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Our E-commerce

DISCUSS about the current issue about E-commerce

A review on an post on legal from my E-Commerce blog

Saturday, July 5, 2008

After review the blog “UK to get tough with illegal downloader”

This idea is really amuse me very much as the UK government’s new law target to approximately 6 millions netizen. But the most frightening thing is about such ideas that they are still trying to take all over the world by decision makers in government and industry who have absolutely power. No matter how the Internet actually works or damage to the democracy. Therefore, this idea is in consideration as impossible.

The another problem is the music and film companies need to have the conclusive proof that shows us the illegal downloads have cost them to lose million of pounds in revenues. There should be no more talk about changing or to impose laws on this “problem” until someone proves there is a fact.

Furthermore, this proposal was drafted in consultation green paper, defined as “a proposal without any commitment to action.” The government receives many of these each day and they are just like spam received by us generally.

This proposal is totally and completely unworkable in the real world. It is impossible for ISPs to open and check if every single download was legal or not. In addition, it is also difficult to determine which downloading is legal or illegal. This isn’t in the best interests of the government, the ISPs and the citizens. The ISPs cannot suffer the loss from banning customers and exposing themselves to billions in liability. Criminalizing six million citizens and inconveniencing the rest is not a vote winner.

Last but not least, there are a lot of people criticizing this proposal and pointing out the flaws. For instance, what if someone is illegally downloading during working time through company’s network connection? What if the person going to a friend’s house and using their computer? Or using wi-fi in Starbucks with a laptop?

It is hard to impose a law on internet in order to ban the illegal downloading activities. However, if the proposal has passed and come into force, and you are the illegal downloader in UK, it is strongly advise you to either stop it or find a plan B.

posted by CCY, 6:54 AM | link | 0 comments |

Corporate Blogging: A new marketing communication tool for companies.

Wednesday, July 2, 2008

A corporate blog is published and used by an organization to reach its organizational goals。Corporate blog can build rapport with customers. To publish a corporate blog, you're giving your customers a channel to interact and get to know your brand and organization in a format that they're familiar and comfortable with. People give free feedback and suggestion about your products, your brand, your competitors. Position your business as a thought leader. One of the most effective marketing strategies is “Show, don't tell”. You can use your corporate blog to take advantage of this strategy by demonstrating your expertise and experience in your industry through commentary, guides, analysis.Indirectly Generate revenue Having high-quality content on your blog goes further to reinforce the value your organisation can provide and reduces the need to “hard sell”. For instance writing regular blog, high quality content then you’re likely to have visitors. Vistors who come back. Visitors who tell their friends. Visitors who also own blogs and write about your corporate blog. They will also have visitors. Suddenly you have a blog that behaves like viral marketing.

By providing companies with unvarnished feedback from customers, it can serve as an early-warning system for prodcut or service problems. It can also provide an easy and inexpensive way to deliver specialized information to narrow segments.

Dell's blog provides a good model reflects company's desired image and supports its strategy. By emphazing how the blog provides a direct connection between the company and its customers. Dell reinforces its core strategy of seeliing gear directly to buyers, without having to go threough middlemen. The blog has also been designed as part of a larger coordinated effort to rebuild the company's reputation, which has been damaged recently by service miscues.


Top 10 Corporate blogs

#10: The Otter Group
#9:
English Cut
#8: SunBelt Software
#7:
GM Fast Lane
#6: Adobe Software
#5:
Ask.com
#4: Tom Peters
#3:
Yahoo! Search
#2:
O’Reilly Radar
#1:
Google

Pros:
-Ease way of sharing information with employees
-Be more accessible
-Executives can easily receive employees'feedbackand question improve company performance.
-Save time and indirectly getting large volume of customers

Cons:
-Too easy for defamation and invasion of privacy
-Breach information security and loss of company confidentiality
-Loss of productivity
-Majority of older generation are not comfortable using the internet and related technologies
-Employees with low education level lack of the knowledge with developing technologies.

posted by Ivan E, 7:38 AM | link | 0 comments |

Electronic Currency

Tuesday, July 1, 2008








Electronic money refers to money or scrip which is exchanged only electronically.Micropayments are means for transferring very small amounts of money, in situations where collecting such small amounts of money with the usual payment systems is impractical, or very expensive, in terms of the amount of money being collected. Micropayment could efficiently handle payments at least as small as a mill, but now is often defined to mean payments too small to be affordably processed by credit card or other electronic transaction processing mechanism

Peppercoin is a cryptographic system for processing micropaymentsThe"Peppercoin" method uses universal aggregation, which we some-times also call cryptographic selection or many/many/many aggregation, since it aggregates smoothly across many consumers, many merchants, and many payment service providers. With universal aggregation, each participating merchant processes micro payments directly, using special cryptographic software. The software first checks the validity of the micro payment—for example, by checking the consumer's digital signature on that micro payment. If the micro payment is valid, the merchant then completes the transaction and delivers the purchased goods to the consumer. The software then checks whether the micro payment “qualifies for an upgrade” (to a macro payment). If the micro payment does not qualify for an upgrade, the merchant merely logs the micro payment, and need do no further processing. If the micro payment does qualify for an upgrade to a macro payment, then the merchant will deposit that micro payment as a macro payment with his bank

Paystone provides an inexpensive online payment method without the risk of chargebacks from fraudulent credit card use. Paystone can efficiently handle small financial transactions (micropayments) as low as $0.25. The ability to process micropayments opens a whole new world for entrepreneurs of all sizes.
In addition to payments Paystone also provides an email money transfer option. A Paystone account holder can send funds to the email address of anyone in many countries around the world. The recipient of the funds signs up for Paystone and can cash out the money to their local bank account. For companies sending a large volume of payments they can access our GroupPay© feature to send many individuals money all at once.
posted by Ivan E, 9:04 AM | link | 0 comments |

The application of pre-paid cash card for consumers

Sunday, June 29, 2008


The users of prepaid cash card have increased year by year. However, why so many consumers have started to apply prepaid cash card nowadays? What is the prepaid cash card? Are they same like credit or debit card and etc…all of the question about prepaid cash card may have hesitated most of the people from applying a prepaid cash card.

A prepaid cash card is a card that allows people to make cashless payment without access to credit or debit cards. You can reload the balance at the retail location where you purchased the card or directly deposit of your checks. You can use it anywhere credit cards are accepted.

Since the prepaid cash cards are only authorized to process transaction by key in personal identification number, no one else can use your card. This means that if someone steals your card information, or your physical prepaid cash cards, you do not need to worry about them using your money. This is why prepaid cash cards are considered the most secure and safe financial transaction cards.

The great thing about prepaid cash cards is that they give convenience to you. Automated teller machines are everywhere now, and you can use prepaid cash cards at automated teller machines to withdraw cash from your checking account, deposit funds into your checking account, and even check your account balance. In the event that you ever need cash in a pinch, you can use your prepaid cash card to get funds from millions of ATMs nationwide.


Touch ‘n Go uses contact less smartcard technology. The card looks similar to a credit card. User can continue using the card as long as it is pre-loaded with electronic cash. User can reload the card at toll plazas, train stations, Automated Teller Machines, Cash Deposit Machines, Petrol kiosks and at authorized third party outlets. Reload denomination is ranging from RM20 to RM500.











Octopus is an electronic system that makes traveling, dining and shopping in Hong Kong simple and hassle-free. Each Octopus contains a built-in microchip containing all your payment information. With a simple 'touch & go' of your Octopus at a processing machine, the system automatically deducts the correct amount. There is no longer a need to carry coins.


Now, Octopus is available at over 1,000 different Service Providers including public transportation services, apparel stores, bakeries, car parks, cinemas, convenience stores, fast food chains, household stores, leisure facilities, personal care stores, photo finishing stores, photocopiers, supermarkets, and vending machines.

























posted by CCY, 6:02 AM | link | 0 comments |