http://profitlabinc.com/business/blog/2006/10/04/electronic-fund-transfer-systems/ Thu, 11 Mar 2010 19:57:08 +0000 http://wordpress.org/?v=2.0.3 http://profitlabinc.com/business/blog/2006/10/04/electronic-fund-transfer-systems/#comment-4 Wed, 04 Oct 2006 08:34:59 +0000 http://profitlabinc.com/business/blog/2006/10/04/electronic-fund-transfer-systems/#comment-4 [...] The mainstream acceptance of online shopping hinges on convincing consumers and merchants that the Internet is secure. This is a logical next step, now that many individuals and businesses have acknowledged the value of the Internet as a personal tool or as a means to pursue new business opportunities. As sudden as the Internet’s rise to popularity was, it still followed the same cycle of assimilation as any other “brand new” technology before it, albeit a dramatically abbreviated cycle. While many early adopters were quick to investigate the Internet phenomenon, there were others who waited. Likewise today, there are people who use the Internet every day, but who still do not choose to conduct their most critical personal transactions online. There are also companies that are reluctant to evolve their purely informational Web sites to the next level — commerce enablement. Security is the linchpin for both. [...] […] The mainstream acceptance of online shopping hinges on convincing consumers and merchants that the Internet is secure. This is a logical next step, now that many individuals and businesses have acknowledged the value of the Internet as a personal tool or as a means to pursue new business opportunities. As sudden as the Internet’s rise to popularity was, it still followed the same cycle of assimilation as any other “brand new” technology before it, albeit a dramatically abbreviated cycle. While many early adopters were quick to investigate the Internet phenomenon, there were others who waited. Likewise today, there are people who use the Internet every day, but who still do not choose to conduct their most critical personal transactions online. There are also companies that are reluctant to evolve their purely informational Web sites to the next level — commerce enablement. Security is the linchpin for both. […]

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