Electronic Transactions Lesson - 5 Electronic Transactions

Lesson Objectives Define electronic transactions. Recognize the different types of electronic transactions. Understand the negative effects of ICT on electronic transactions.

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Electronic Transactions Financial transactions (payments) between individuals or government departments through the internet. Objectives of Electronic Transactions: Spreading knowledge and ideas Sharing research among institutions Sharing conferences and online forums. Continue to the prosperity of the nation Simplify organization processes (check stock..etc) Reduce cost of administration and storage Perform better services at lower costs. Increase level of efficiency Provide services in easier ways Access services from anywhere at any time. Provide better services

Methods / Means used for Electronic Transactions Websites Communication Tools Social Media

Transactions Benefits Activity 1 – Page # 55 What are some electronic transactions you or your parents have made, and what is the benefit you obtained? Transactions Benefits Buying some dresses using a website. Paying electricity bill. Paying phone bills Buying tickets online Saving time and efforts. Reach the service and shop in anytime. Less expenses and more profits

Types of Electronic Transactions E-government Services E-Commerce Services Banking Services

E-government Services The use of internet for providing services and making transactions with citizens, businesses and other government sectors. Activity2– Page # 56 Pls. visit the following site to answer the questions in your book http://www.government.ae/en/

E-government characteristics Services accessed from official government sites The ability to provide required information by community Efficient delivery and coordination between government departments. Paperless work environment Flexible and Permanent communication

E-government Services Government Departments Who benefits from government services Companies Individuals Government employees E-government Services Government Departments Activity3– Page # 58

E- Commerce Services E-Commerce Services Advantages Disadvantages The use of internet for buying and selling products. E-Commerce Services Advantages Disadvantages Save Time and effort Freedom of choice Low prices Order tracking Less security and high chances to be hacked. Possibility of disabling the e-commerce site. (DOS) Activity4– Page # 59

Website Security for financial transactions 2 1 3

Website Security for financial transactions

Electronic Payment Methods 1-Prepaid Cards 3-Wire transfer 2-Websites

Important Tips when buying online Use secured WiFi network and avoid public hot spots Avoid scams (frauds) Be aware of emails (you win …$) Make sure you read and know the full details of the traders.

Case Study – Group wok Check the item's description carefully – ask the seller questions if you’re not sure of something. Beware of people offering you a deal below the current bid or reserve price, especially if they contact you direct. Remember, if an offer sounds too good to be true, then it probably is. Be extremely careful when buying things from people with little or no selling history. Be aware of phishing emails that look like they come from the online auction or payment site you’re registered with, asking you to update your account details Check the URL in the web browser., for instance, they may have an address such as ‘. . . @ebayz.com’ whereas the real site is ‘. . . @ebay.com’) Read the terms and conditions carefully, including those relating to any dispute resolution procedures the site offers.