Upload
kelley-wheeler
View
221
Download
4
Embed Size (px)
Citation preview
ICAICAon-line shopping on-line shopping
&&on-line bankingon-line banking
On-line shoppingOn-line shopping
In early days of internet this was limited In early days of internet this was limited due to concerns over security of personal due to concerns over security of personal and bank detailsand bank details
Now a major use of the internetNow a major use of the internet
The Process of on-line shoppingThe Process of on-line shopping
Usually begins with a Usually begins with a searchsearch
Most on-line shopping Most on-line shopping websites use a websites use a shopping basketshopping basket or or cartcart
When finished When finished shopping you shopping you go to go to the checkoutthe checkout
Paying for your purchasesPaying for your purchases
When using on-line shopping you will be When using on-line shopping you will be expected to pay for the goods that you order expected to pay for the goods that you order using a bank card and using a bank card and
EFT ( Electronic Funds Transfer )EFT ( Electronic Funds Transfer )
Types of Bank CardTypes of Bank Card
Cheque guarantee cardsCheque guarantee cards
Credit cardsCredit cards
Debit cardsDebit cards
Cash cardsCash cards
Multifunction cardsMultifunction cards
IMPORTANTIMPORTANT
You should never tell anyone your PIN You should never tell anyone your PIN ( Personal Identification Number)( Personal Identification Number)
No-one not even bank staffNo-one not even bank staff
If you do give out your PIN, and your If you do give out your PIN, and your card is used without your permission, card is used without your permission, then you will not get any money back!then you will not get any money back!
Advantages of on-line Advantages of on-line shopping for shopping for companiescompanies
Lower transaction costs – cheaper to sell on-line. Lower transaction costs – cheaper to sell on-line. Only one shop is needed instead of many shops all Only one shop is needed instead of many shops all over a country.over a country.
Larger purchases per transaction – customers can Larger purchases per transaction – customers can be tempted to buy other goods related to the be tempted to buy other goods related to the particular item they have bought.particular item they have bought.
Shops will benefit if they are always open for Shops will benefit if they are always open for “impulse” purchases by customers“impulse” purchases by customers
Advantages of on-line shopping Advantages of on-line shopping for customersfor customers
The shop is open 24hours a day, people can The shop is open 24hours a day, people can shop from the comfort of their own homeshop from the comfort of their own home
It is easy for customers to search through a It is easy for customers to search through a large number of goodslarge number of goods
It is easy for customers to compare prices It is easy for customers to compare prices between sellersbetween sellers
People can build an order over a few visits to People can build an order over a few visits to a website , this gives the customer more time a website , this gives the customer more time to consider their purchaseto consider their purchase
On-Line BankingOn-Line Banking
A statement allows the customer to keep track of A statement allows the customer to keep track of all the transactions on the accountall the transactions on the account
Services include Services include
money transfer and paymentsmoney transfer and payments
Standing ordersStanding orders
Direct debitsDirect debits
Advantages for the customerAdvantages for the customer
The customer does not need to travel to The customer does not need to travel to the branch to do any of their bankingthe branch to do any of their banking
The customer can stay at home and carry The customer can stay at home and carry out all of their business on-line, and at a out all of their business on-line, and at a time which suits themtime which suits them
On-line banks are available 24 hours a On-line banks are available 24 hours a day day
Advantages for the bankAdvantages for the bank
Shares some of the advantages of on-line Shares some of the advantages of on-line shopping – the on-line bank does not need any shopping – the on-line bank does not need any branches for people to visitbranches for people to visit
The development of on-line banking has helped The development of on-line banking has helped increase the use of bank cards and decrease increase the use of bank cards and decrease the use of cashthe use of cash
On-line banks which do not have any branches On-line banks which do not have any branches do not need to handle any cash at all, this do not need to handle any cash at all, this sabes the bank a great deal of money in the sabes the bank a great deal of money in the cost of staff and buildingscost of staff and buildings
Written work in Pink BookletsWritten work in Pink Booklets
Use this information to fill in pages 10 and Use this information to fill in pages 10 and 11 of your pink booklet11 of your pink booklet