1. Electronic Transactions
Lesson - 5
Electronic Transactions

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

3. Enjoy watching !!

4. 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

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

6. 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

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

8. 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

9. 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

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

11. 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

12. Website Security for financial transactions2 1 3

13. Website Security for financial transactions

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

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

16. 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 s 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 ‘. . whereas the real site is ‘. .
Read the terms and conditions carefully, including those relating to any dispute resolution procedures the site offers.