Electronic commerce has become an essential part of daily usage in today’s date. It has created totally new way of sellers and buyers to be considered. There is a risk for the costumers as they can buy bogus products or poor quality items. Many try to take advantage of the distance between customers and send the wrong goods and try to cheat the clients to buy the items which are praised to be great bargains when customers receives these items, they feel cheated them self and had fallen into traps of these scum business owners.
The dangers of e-commerce are created by the darkness of internet buying and selling. In many occasions those who cheat business transactions are never prosecuted. E-commerce poses dangers that involve the products themselves and even the electronic transaction.
The dangers appear from the buyers to purchasing products of low quality or not measuring what was previously advertised or promoted in the web site of the seller.
The other risk of E-commerce is identity theft. Therefore the items sold in the internet may need electronic transactions to complete the purchase; hackers may get the confidential information from these transactions.
Dangers of E-commerce can occur through the seller’s perspective. Situation occurs where the buyers say they didn’t receive the goods may happen. There is no sure way to know whether the costumer is telling truth unless the products were delivered with return receipt request. This is not usually done because it is an added expense.
There are some honest businesses that sell their products and services and gain very little profit. The businesses competitor is forced to make the price low as possible because they have lot of competition not only in the internet, but also in local store as well.
The E-commerce has revolutionized the way business is done in today’s market, one should not ignore the possible danger or risk it poses to both businesses and consumers.
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