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    E-commerce payments versus brick-and-mortar payments

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    Online and offline sales are different. Please give and explain differences between payment in e-commerce and in traditional (offline, brick-and-mortar) stores.

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    E-commerce is indeed very different from bricks-and-mortar and payment is a good example.

    There are several differences regarding online vs. offline payment. First is the issue of identity theft - for the past 10 years e-commerce has been struggling with a disproportionatly large share of identity theft being committed online. This is bad for business and consumers alike - it scares the consumers away from purchases they would like to make and it exposes business to a large source of bad debt. This is partially due to the impersonal nature of the ...

    Solution Summary

    The expert examines e commerce payments versus brick-and-mortar payments.