E-commerce Review of Escrow Services

The understanding from escrow service was the neutral third party that was appointed and acted as the breeder/the guardian for the document and funds for the length of the process of the surrender of proprietary rights from the seller to the buyer or for the replacement of the ownership system from the seller's side to the buyer's side. Usually the two sides use the service escrow the service with the aim of the security. Because with help escrow service could be ascertained, if from the side of the buyer, the thing that was offered really real, or in fact this thing was not available, etc. Whereas from the side of the seller, useful to confirm, did this buyer really want to buy the thing that was offered, or only played, then whether the buyer really was able to pay the cost that must be paid to redeem the thing that wanted to be bought, etc.

Escrow service usually licensed and was arranged by a company that was assigned to gather, kept, and sent his money the buyer to the seller, be based on in the agreement instruction that was made by the buyer's side and the seller's side. Usually, when a buyer was interested buying the thing, then this buyer will immediately carry out the transaction with the seller's side, and when so the production of the agreement between the buyer and the seller, where being carried out by going through Escrow Service happened. And when item the thing that was wanted arrive at the hands of the buyer, then during the certain deadline, then Escrow Service will immediately do payment to the seller.

With Escrow Service, you could enclose the third party or the neutral side that was professional to help arranged all the matters that must be done covered the management of the mortgage, carried out some agreement, and other loans. Whether you already agree to payment with an agreement letter or decided to enclose your personal mortgage in the form of the valuable letter. Escrow service had the experience and the expertise that were needed to carry out the fast service in each plan discount. Escrow service could provide noteholders so as fund payment could be paid automatically when being due him payment time.

Like that was known, that there was gotten by 2 kinds escrow, that is: Two Party Escrow Agreement and Three Party Escrow Agreement.

1. Two Party Escrow Agreement

Agreement that happened around 2 sides, that is the side buyer and the seller. Where in carrying out his transaction, used help of a body escrow, this was done with the aim of the security. The seller's side handed over what wanted to be bought by the buyer's side, through a body escrow, that afterwards by escrow was continued to the buyer's side.

2. Three Party Escrow Agreement

Agreement that happened between 2 sides, that is the buyer's side and the seller. Where in carrying out his transaction, was carried out through a body escrow, with the aim of the security. In this case, 2 sides, that is the seller's side and the buyer's side used the service escrow in carrying out his transaction. The buyer's side ascertained what will be bought by him through the body escrow. So also with his seller, also ascertained the capacity bought from the buyer through the body escrow. If both of them have been, just sure the transaction was carried out. That is from the buyer's side handed over the obligation that must he did to buy the thing that was offered, and the seller's side also met bore he replied in handing over the thing that was bought by the buyer's side.

Along with will be explained concerning the instruction that must be paid attention to in escrow service, that is:

1. Who the owner from escrow. You could see him through the page website available.

2. The estimate of time began and the process ending escrow. So as to be able to be estimated when the process of acceptance of money will happen, and when the process of payment must be carried out by the side escrow.

3. How many documents and money that in deposit in the bank. This depended on the number of funds that must in paid to the seller's side.

4. How the side escrow received and kept money. Through the credit card, or through the transfer of the fund directly, or even through paypall.

5. The authority from the agency escrow in spending the fund for the insurance cost, and other fees.

6. The distribution of the schedule for wealth tax and the insurance.

7. Pawning payment beforehand, especially for each mortgage.

By: Christine

Web Services, the new way of Shopping

Nowadays, people have great interest in shopping and buying something for themselves or other people. Many shopping center or malls filled with people and crowds, it’s hard just to walk easily and look at the shop and see anything we want to buy. People wants easier ways to shopping and don’t want to walk away far from home just to buy something. They wants an easy way to shop and pick the goods from the home, and the store deliver the goods to them. Such an easy way to shop is all that customer wanted. There are many cases where people don’t want to go out because of the traffic, pollution, accident or many other things. Now, we don’t have to go all the way to the store to shop and get trapped in the traffic jam, there’s online store with e-commerce web services with great ways to shop and see anything we wants from home easily. You just need to browse to the internet, look at the goods on the sites, pick them and put that on your shopping card, put your address and pay with your credit card, and the goods is all yours. Such an easy way to shop right?

Usually, new technology promise more than they deliver, that has not been the case with Web services, which are being integrated into just about every new e-commerce application. The support has been widespread because web services enable companies to simplify application design, deliver enhancements more quickly, and reuse software more easily. Those features is the basic of web services. In reality, web services provide great service to communicate with other peolpe. They replace complex, difficult programming interfaces with Extensible Markup Language (XML) documents and standard application protocols. XML is used to tag data, and SOAP is used to transfer it, WSDL (Web Services Description Language) describes the services needed, and UDDI (Universal Description Discovery and Integration) tells applications what services are available. The application can interact with one another and performing tasks with high flexibility. That’s why the web services are great to use.

Business means, exchange data with the customer, supplier and partners. We need to do these action effectively in order to keep the good relationship. The best scenario, each other can view partner’s information as if it was their own, no secrets between partners and everybody get fair share. The web service could carry out payment validation by taking information from the system, like customer’s name, address, age and any other information needed to perform the transaction. Therefore the web services need to check the validity of the information such as credit card account number, expiration date and card verification number in order to do safe transaction with customers.

Web services have become feature that many e-commerce suppliers use to offer their goods to the customer. The other companies using their services and that’s help them to gain profit and reputation. Customers also overjoyed because they don’t have to do the complex part, just pick and pay and the goods is all yours. Such an comfortable way to shop right?

Amazon and google are the companies that develop web services that they let other companies to take advantage of. They gain profit from another companies and other companies also gain profit from their customers. The service provide software developers, web site owners and merchants with acces to back-end features found on amazon, such as its payment system. As the services have evolved, the face of the companies using them also changed. While web services offer many advantages, they face a few deployment challenges. Web services technology is really great and works well, but the main obstacle is the management issues. We need to build formidable management line like shipping line, supply product, payment services and many other issues. It’s really difficult to manage it all. Sure it’s worth the way to gain comfort for customer in order to shopping and order goods from web services. Many programmers don’t fully understand how to build application that take advantage from the web services features. Some programmers also resist designing application in new way. They prefer the old way and it’s difficult to change their habit. Companies often need to invest in training courses to overcome those obstacles. Another challenge is the software infrastructures conform to another architectures, such as client/server, thin client or mainframe computing. It gives company difficulties so the company have extra effort for time, money and manpower to revamp their system and build the web services structures. To help address these issues, Web services are being rolled up into a more expansive application development initiative: service-oriented architecture (SOA). The goal with this movement is to design all applications so they operate in a plug-and-play manner. Here, support for Web services would be one of the features bundled in with SOA compliant systems. SOA has the potential to help companies streamline the application development process further, but putting the pieces in place to take advantage of it has proven to be a difficult challenge," concluded Bloomberg. This problem is expected to be a short-term issue. As SOA acceptance rises, the Web services footprint will grow even bigger in e-commerce companies.

By: Chandra

E-commerce Review of AirAsia.com

AirAsia Berhad is one of the airlines which based Low Cost Carrier Terminal (LCCT). AirAsia was established in 1993 and started first flight in November, 1996 in Malaysia. It’s operates scheduled domestic and international flights. AirAsia expanding rapidly and very popular and now AirAsia had an affiliate with another airline such as Thai AirAsia and Indonesia AirAsia. Tony Fernandes, who is the executive of Tune Air Sdn Bhd, turning a profit in 2002 and opening new routes in Kuala Lumpur. In early flight, AirAsia decide price as low fare. AirAsia was pioneered low cost traveling in Asia. In 2003, AirAsia opened a second route in Johor Bahru near Singapore and launched its first international flight to Bangkok. While flights to Macau started in 2004, and LCCT will initially handle 10 million passengers a year. AirAsia Group is expected to carry 18 million passengers in 2007. AirAsia operates with the world’s lowest unit cost of US$ 0.023.

As we know, E-Commerce had a many types such as Business-to-Business (B2B), Business-to-Customer (B2C), etc. In E-Commerce, AirAsia belong in B2C because that company tries to sell they service for customer directly. AirAsia has progressively launched value added services into the flight options. In 2007, AirAsia introduced the web check-in. This made AirAsia the first airline in Malaysia to offer the ability to check in online and print out boarding passes. It is now available for many countries domestic travel only and for those with no check-in baggage. One year ago (until now), a service named "Xpress Boarding" has been launched. That’s new service enable passengers to get priority boarding with minimum fee. Beside that, this service enables the passengers to get a low price and choose seats at ease. After launching web check in and kiosk check-in, AirAsia will later introduce PDA check-in.

Based on information above, in Indonesia, we can book or buy ticket pass from internet because AirAsia had a new service so customer can book or buy pass the internet. But if we want to buy ticket through internet, we must book far the day before our flight because this flight usually full. The transaction with AirAsia through internet or website is very secure because they use a high standard encryption mode to guarantee that customer transaction is secure and save. The first thing if we want to book or buy ticket through the internet, we have to open they site in www.airasia.com and let’s find an ‘Online Booking’. After we get inside to the service, we can see the route which opened by AirAsia and choose the destination and time for that flight. After that, the customer must to give our real data and fill the booking form that consists likes name, address, phone number, gender, e-mail address, etc. After we finish fill our data and click the ‘Continue’, we can see about the payment. But there is not a final for our transaction. We have to pay the purchasing cost. AirAsia accept payment with credit card, debit, E-Gift Voucher. With credit card they accept Mastercard and Visa. In debit payment, they just corporate with Mandiri Bank (in Indonesia). Then, we must to fill data about our credit card if we pay with credit card. This company accepts payment with credit card. We just write our credit card number and they guarantee if our number confidential. Beside that, payment in this site is can counted Indonesian Rupiah (IDR). After pay the cost, we have to confirm the transfer to AirAsia.com from phone or e-mail. Our transaction finish and ‘OK’ after we confirm back for our payment. There’s had a different if we check-in directly at the airport and if we check-in through the internet. Usually if we check-in directly at the airport we get a seat number, but if we check-in through AirAsia.com we didn’t get a seat number so the customer can choose any seat in plane.

By: Chan

E-commerce Review of Electronic Auction at www.iZkey.com

Electronic Commerce can be defined as all kind of trade transaction of goods and services by using a electronic media. In e-commerce, the people who doing a activity of trading just connected via public network, and in the latest development uses an internet media. E-commerce is a dynamic set of technologies, aplications, and business process that link enterprises, consumers, and comunities through electronic transaction and the electronic exchange of goods, services, and information. The transaction between demand and supply can be done easily although they stay in a different geographical side. So, the conclusion is E-commerce is a part of business. And the example of electronic business from E-commerce is Auction Online . Auction means buyer offer price to various sellers to buy goods or service with desirable price by purchase. And then electronic auction (e-auction) means “auctions conducted online“.

IZkey.com is a website that prepare auction facilities. Izkey.com is a portal for online selling and buying process. In iZkey.com, we do not have to worry anymore when we do an online selling and buying process, because iZkey.com observe all auctions in that sites with do verification system and monitor all auction sales transaction. IZkey.com also enforce users to verify their identity before creating or bidding on an auction.

Procedure of iZkey.com

In iZkey.com, seller can turn on an auction or classification advertisement to sell the goods. IZkey.com just be mediator for the payments of the auction items. The security of the site can well guaranted and safe, because only users who have verified their banks accounts or send a copy of their KTP/SIM with iZkey.com can create or bid on an auction at this site. iZkey.com also prepare classification advertisement for seller so that seller can sell goods and do the payment without going through iZkey.com. iZkey.com is always trying to keep the sites working properly and the community safe. IZkey.com give a profit to buyer that is a seller will not get payment before goods is accepted by buyer, and buyer’s money safe at iZkey.com’s accounts bank. IZkey.com also give a profit to seller that is iZkey.com have a register of buy or sell progress in IZkey.com’s site, and IZkey.com will give signal to seller to sending a goods if purchasing fund has been accepted by IZkey.com. So between seller and buyer have a point meets.

Pricing

For cost detail of iZkey.com, iZkey.com give a free price for verified member to turn on listing in to the site. But for succesfull auction, seller must pay the administration fee. From Rp. 1,00 to Rp.1000.000,00 the administration fee is 1,25% from the price. From Rp. 1.000.001,00 to Rp.10.000.000,00 the administration fee is 1% from the price. From Rp. 10.000.001,00 to Rp.50.000.000,00 the administration fee is 0,65% from the price. From Rp. 50.000.001,00 to Rp.100.000.000,00 the administration fee is 0,50% from the price. From Rp. 100.000.001,00 up the administration fee is 0,25% from the price.

Payment System

All payments shall be effected through iZkey.com. Buyer who wins the auction is required to transfer his fund to iZkey account, when the won item has been obtained, iZkey.com will immediately transfer the fund to seller. This payment system is implemented to ensure safety shopping at iZkey.com and to eliminate any fraud at iZkey.com site.

Delivery

When Buyer has won an auction, he/she is required to transfer the purchase fund to iZkey.com's bank account within 2 business days. After getting confirmation from us that fund is received, Seller is required to deliver the item to Buyer within 3 business days. Buyer is then required to notify us within 2 business days that he/she has received the item in good will. Finally, iZkey.com will deduct listing fees and administration fees from the fund, and transfer the remaining fund to the seller's bank account within 1 business day. In the event of dispute, the fund will remain safe at iZkey.com’s bank account until an agreement has been reached by both parties.

By: Cassandra

E-commerce Review of www.bhinneka.com

Currently, so many online shops on internet and it was being a trend on business. On this writing, I try to review one from many online shop website. I try to review www.bhinneka.com. I review in many aspects, like personality, design and layout, reader usability, and functionality. On each aspect have a detail. Just like on personality aspect, I review, does the site’s look and feel seem to match the subject matter, does the site align visually with the attended reader or market, and do you immediately get a sense of what the site is all about, could you easily see “about” and security information. On design and layout, I try to review are the graphics appropriate to subject of the site, are the graphics are attended for the intended audience, Are there graphics that seem superfluous or unnecessary, is the color scheme appealing and suggestion of the topic, is the layout cramped and too full or is there proper spacing and visual rest areas, Is your eye drawn to the most important elements? Do they then relate into the content. And the rest aspect will be explained later. I think this site doesn’t looks and feel seem to match the subject, because the color of the website is green. Since this website changes the design, I feel it doesn’t futuristic at all. On top left of the website, there is a picture with title “faces of Indonesia”, and if the link is accessed, there is an explanation about the theme of this website. The theme of the design is faces of Indonesia. I think, this theme doesn’t suit with this website that offer and sell technology properties. Despite the domain name of this website is bhinneka that is a logo of Indonesia, this will decrease the senses of technology appealing. But I can find the “about” in a second. I can guess that the “about” is on “help” button and when I open the profile of the designer of this website, I can look that the developer who makes this website. On design and layout aspect, this design has a graphics that is used to explain the website. That graphics are on the home page, in the first page roll, a big picture that explains the product. But there is unnecessary picture in the main page. Some ornament picture with distinguish model make it worst. But I appreciate about this website changing. The model changing makes the website can be accessed quickly than before. When we accessed this website with old design, this website consumes more memory than the new one and the old one has many advertisements with many flash file or animation file. The new layout is much better than before, because the new one has a block that the “special” product was shown. New design has a feature and it called “today’s on theater”. When I looked, this feature showed notebook parade that many notebooks are paraded on this block. The new one also has a block and it called “most popular search terms”. This feature can reference, when visitors visit this website and they are do not know what product they want. This design also does not have any space that too much wasting.

With the new design, the visitors can understand lot information on the first page. And when the visitor confused, they can looked for the menu. The menu can represent all products that are sold by this website. But when I used advertisement block program, two pictures on top on the first page is blocked by my program.

About the functionality of this website, the shopping cart is worked well and all buttons have a right caption and the function is worked well too. I not yet try to make a transaction on this website. Something, I forgot, this website has a script that it takes comparison dollars value and rupiah value. This function so much helps the visitor on counting the price of a product that is interested.

By: Bernardus

E-commerce Review of Jobstreet.com

Jobstreet.com Motto : "Improving People's Lives through a Better Career"

Jobstreet.com launched in 1995. I think that jobstreet.com is the most popular online recruitment companies. Especially in Asia. Jobstreet.com operates in Indonesia, Malaysia, Singapore, India, Philippines, Bangladesh and Vietnam.

This site also provides jobseekers with free salary information. The jobseeker must only register on jobstreet.com and make the online resume. Chose the jobs whom you want. So you can search the company which will recruit you, and as according to your background education. JobStreet.com offers a comprehensive suite of interactive recruitment services. Top corporations constantly recruit from JobStreet.com's ever-increasing pool of top talent and manage their recruitment process through uniquely developed software applications via the Internet.

So if you can get all of them free, how this site can survive. This site usually get money from advertise on band.

You can access and apply to over 15,000 jobs ads from over 10,000 employers post daily in this site. You can also seeking further education may browse through the academic programs and training courses posted in the JobStreet Learning section. JobStreet.com also maintains a career section with articles and tips on job hunting, workplace success and career advancement.

The top employees which most popular for jobseeker is LG, HSBC, ZTE, Frisian Flag, AIG, Actavis, Fujitsu, Axa, CityBank, UOB Buana, Microsof. This is just only on Indonesia. In other country, that list it may be different.

The most useful in this site is they will send me email when they get vacancy for company which match with your resume. So we shall not lag information.

Even the new feature of jobstreet.com is SMS Apply. With this application, when we traveling, away from computer, no acces to the internet. With jobstreet.com membership, you can apply to all the jobs that you see in newspaper or magazines.

Simply check, if the job advertisement has an email address, If it does, send an SMS to Jobstreet.com and Jobstreet.com will email your resume instantly to the employer. No more waiting to apply to all your dream jobs.

How to use the SMS Apply? Typing this message : JSA Apply CompanyEmail Position Title. Don’ left set the space other word. And send this message to 9333. This facility is only for Jobstreet.com member. You must register your resume and your mobile phone number to get this facility.

Each email application triggered by the SMS will be charged Rp 2000,-. And this application jus only can use in Indonesia, because 9333 just only provide in Indonesia.

Beside on internet jobstreet.com also held the career expo on campus – campus Indonesia. In Surabaya Jobstreet.com ever held the career expo on UNAIR and ITS. Jobstreet.com also held the seminar and workshop related with the topic

By: Alfonsus

E-commerce Review of Sell and Buy Forum at www.kaskus.us

About kaskus

Kaskus is one of the Indonesian sites that has forum facility on it, and Kaskus has been claimed that it was the largest forum in Indonesia, and it was not a joke, Kaskus has prove it, and we can also see from the member of Kaskus’es forum, I think that is the biggest number of member of forums in Indonesia, Kaskus held on 6 November 2000 by 3 young boy from Indonesia which continue to studying at Seattle, Kaskus is sort of Kasak Kusuk and it started by hobby but then enlarge until now, but we do not discuss about that. We will discuss more specific about e-commerce at Kaskus forum, and that is forum jual beli (FJB). Kaskus is just like a media for buyers and sellers, and Kaskus has public regulation for buyers and sellers, and who do not obey that, they will be punish as punishment on the regulation. Buying and selling at kaskus are based on the trust, so Kaskus did not take responsibility if there any problem or accident happened. Kaskus got profit from the advertisement, not tax from the member, but Kaskus also has program Akses Kaskus Tanpa Banner (AKTB) for members who don’t want to access site Kaskus with any banner, they just have to pay Rp 2.000,- per day, by type KLG 332633 and send SMS to number 3499 (all operator’s users except Telkomsel) or to number 9922 (Only Telkomsel users).

Sellers

At FJB the sellers just need to have goods at their warehouse then create a new thread which content is about information about theirs goods, and it will be better to give the thread’s name about what goods are sold, because buyer will see the title of the thread first before he visit the thread, and that’s why seller have to give a clear title to give a good information to buyer for what is sold by seller. And thread is simply like virtual stall for the seller, they can show to buyers what they sold, by showing information like photo of the item, price, etc.

Buyers

At FJB the buyers can look around about what goods are sold at this FJB by read at thread’s title, then if they already choose what they want to buy, they have to obey the regulation that sellers made, usually they have to sent the seller a message via cellphone or via e-mail about what item they want to buy, then if the goods are ready on stock then buyer have to obey the regulation made by seller, like buyer have to pay first, pay the transport fee, etc. but because all regulation are depend on seller made. So it is possible to every thread (stall) has a different regulation.

System

The system of this trade is depend on sellers regulation, but the regulation are usually like buyer have to message by SMS or e-mail for asking if the item is on ready stock, then if they deal, buyer have to pay first via ATM (Automatic Teller Machine), then if the seller accept the money from the buyer then seller will send the goods to buyer. That is why this trades are depend on the trust, so buyer have to be more careful when choosing seller, usually buyer on the Kaskus choose seller who has been know well member and has so many post count. But we do not have to believe 100% to this information, because it is not 100% guaranty that the seller will not cheat. So for your safety please do not do high price trade that can make you bankrupt. This system was succeed because both of seller and buyer have advantage from this system. The seller got advantage because they do not have to build stall with amount of money, they just need computer and Internet connection, and they don’t need to pay any tax. The buyer got advantage from the buyer do not have to go outside to look around the goods on shop, and usually seller sold goods cheaper than the goods at the shop usually.

By: Agus