Payments Basics: Understanding Electronic Commerce
Recently, I completed a webinar series with the Microsoft ISV Innovation team. The goal was simple, and ridiculously ambitious, to provide a useful overview of the payments industry to software companies in 1 hour. As you can imagine the material that “should” be covered can span several days. . .It was an interesting exercise in picking/choosing what is most important about the industry.
I have uploaded the slides to slideshare (embedded after the jump), or you can obtain a copy at:
A web presentation is only useful when those in attendance find the material engaging or useful. A few quotes from the folk who have attended are:
Rich content understandably presented. Great basic primer.
Tyler did a great job with a rather dry subject. Very engaging.
Before you download the content, or watch the recording of the session, there is one point that I want to make clear.
The term “Electronic Commerce”, to many, has come to mean eCommerce. This flow typically feels like ordering from a website and having hte product delivered (either digitally or physically) following the purchase. However, the prevalence of broadband connectivity has enabled a variety of commerce-enabled workflows that are not web specific. Rather, the Internet becomes the infrastructure by which payments transactions can be initiated. Electronic commerce doesn’t refer to a specific user experience. . .it is about integration into the workflow of the business. This can be traditional point-of-sale (POS), applications tailored to the business need, integrations into accounting applications, and website payment acceptance.
If you have any questions please feel free to reach out to me. . .I am happy to talk about the subject in painful levels of detail.
What’s your perspective? Agree? Disagree? Anything to add? Critiques?
The comment form is below. . .
July 7, 2008