ecommerce recommendations and related topics

certification authority

Abbreviated as CA, a trusted third-party organization or company that issues digital certificates used to create digital signatures and public-private key pairs. The role of the CA in this process is to guarantee that the individual granted the unique certificate is, in fact, who he or she claims to be. Usually, this means that the CA has an arrangement with a financial institution, such as a credit card company, which provides it with information to confirm an individual's claimed identity. CAs are a critical component in data security and electronic commerce because they guarantee that the two parties exchanging information are really who they claim to be. Also referred to as a certificate authority.

EBPP

Short for electronic bill presentment and payment, the process by which companies bill customers and receive payments electronically over the Internet. There are two types of presentment models: * direct model: a biller delivers the bill to customers via its own Web site, or via a third-party's site. * consolidator model: bills from multiple billers are delivered to a single Web site, to be presented in aggregate to the consumer for viewing and payment.

CRM Definition

Customer Relationship Management (CRM) is an data industry locution for methodologies, software, and usually Internet capabilities that aid an enterprise operate customer relationships in an organized and efficient manner. In many cases, an enterprise builds a database about its customers. This database describes relationships in sufficient detail so that management, salespeople, and customer supply reps can access data; match customer needs with product plans and offerings; remind customers of supply requirements; know what other products a customer had purchased; etc. RM Definition Customer Relationship Management (CRM) is an data industry locution for methodologies, software, and usually Internet capabilities that aid an enterprise operate customer relationships in an organized and efficient manner. In many cases, an enterprise builds a database about its customers. This database describes relationships in sufficient detail so that management, salespeople, and customer supply reps can access data; match customer needs with product plans and offerings; remind customers of supply requirements; know what other products a customer had purchased; etc.
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