Chapter 5: The World Wide Web 7&8

Business-to-consumer (B2C)

E-commerce model in which businesses provide goods and services to consumers; the most widespread example is online shopping.

business-to-business (B2B)

E-commerce model in which businesses provide goods, information and services to other businesses, examples include advertising, credit, recruiting, sales and marketing, technical support, and training.

consumer-to-consumer (C2C)

E-commerce model in which consumers provide goods and services to other consumers; the most widespread example of this is online auctions.

digital gift certificate

A code that you enter or page that you can print that represents money you can use to make purchases. Also called digital gift card.

digital coupon

A code that you enter to reduce the price of goods or services purchase when you check out and pay for the online purchases.

online storage

A place to save data and program files on servers accessed through the Internet. See also cloud storage.

Web application (Web app)

A program that resides on a server on the Internet, rather than a user's device, and is run through a Web browser. See also Native app.

Secure Electronic Transaction (SET)

A standard protocol for securing credit card transactions over the Internet; uses both encryption and digital certificates.

cookie

A text file that contains personal data such as your username, viewing preferences, and browsing history; used by a Web site to track your spending and browsing patterns, which can be a privacy concern.

e-commerce

A type of commerce involving the buying and selling of physical products such as clothing and computers, intangible products such as music, and services such as education over the Internet.

cloud storage

A way of storing data remotely over the Internet. See also online storage.

application service provider (ASP)

An organization that provides software-based services over the Internet, whereas Internet service providers, or ISPs, provide access to the Internet.

Software as a Service (SaaS)

Software that is purchased as a subscription, rather than purchased once.

electronic wallet

Software that stores and securely processes the financial information you enter when you finalize an online purchase. Also called digital wallet.

digital wallet

Software that stores the payment information you enter when you finalize an online purchase. Also called electronic wallet.

S-HTTP

Technology used to encrypt data and help protect consumers and businesses from fraud and identity theft when conducting commerce on the Internet.

Secure Sockets Layer (SSL)

Technology used to encrypt data that helps protect consumers and businesses from fraud and identity theft when conducting commerce on the Internet.

Transport Layer Security (TLS)

Technology used to encrypt data that helps protect consumers and businesses from fraud and identity theft when conducting commerce on the Internet.

aggregate site

Web sites that specialize in collecting and organizing data from other consumer Web sites.