What steps must you go through to complete a transaction

Reference no: EM133213074 , Length: Word Count: 2 Pages

Question - Humanities Discussion - Ellen Longbow is the chief financial officer (CFO) at a startup e-commerce firm that sells products popular with college students. She has asked you to do some Internet research on three competing companies that permit credit-card purchases at their e-commerce sites. Create a table (or spreadsheet) that summarizes how each site handles the following issues:

a. What information does each site require before permitting you to use a credit card?

b. What steps must you go through to complete a transaction?

c. What features do they incorporate to facilitate overcoming the limits of security, merchant risk, cost, etc.?

d. How do they authenticate cardholder identities?

Reference no: EM133213074

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