ONLINE
TRANSACTION
ONLINE TRANSACTION
Whenever there is some buying or selling of a product through
the internet, it is described as Online Transaction. It is an
online payment method in which electronic fund or money
transfer takes place. Online transactions have made financial
26 To
operations and mansactions very convenient and simplified. An online
mansaction deals with the bansfer of money but it is not possible
without an internet connection. Various devices such as laptops, desktop
computers, smartphones and tablets are used to conduct online
transactions. To make payments for online goods and services,
consumers can use digital wallets, credit cards or debit cards.
Popular Online Transaction Websites
Some well-known online transaction websites/portals include the followin
1. IRCTC (Indian Railway Catering and Tourism Corporation) is an online
portal for booking tickets and checking updated train details.
2. http://www.amazon.in is a colossal internet-based enterprise
selling music, electronics, movies, books, housewares, toys and many
other goods.
3. http://www.flipkart.com is a renowned e-commerce platform.
Distinct products such as computers, laptops, smartphones, music,
accessories, books and e-books, home appliances, electronic goods,
clothes and so on are readily available on this platform.
Online Transaction using Flipkart
A variety of payment options are offered by Flipkart, including debit card,
credit card, netbanking, e-gift voucher and cash on delivery.
To perform any transaction for an online purchase through Flipkart, you need
to sign in to create a Flipkart account by following the given steps:
1. Open a web browser like Mozilla Firefox, Google Chrome or Microsoft
Edge.
2. On the address bar, type the web address www.flipkart.com and press
Enter key. Flipkart home page will appear on the screen.
3. Click on the Login/Sign Up button displayed at the top right corner of the
E-COMMERCE
E-commerce (electronic commerce) is making business
by transmitting funds. or data over an electronic
network, primarily the internet. It helps commercial
organizations and firms to establish themselves in the
market by providing a cheaper and more efficient
distribution chain for their products or services.
In case of e-commerce, there are four categories of
business transactions including business-to-business,
business-to-consumer, consumer-to-consumer and
consumer-to- business. E-commerce and e-business
are terms that are used interchangeably.
R HOUS
In case of e-commerce, there are four categories of business
transactions including business-to-business,
business-to-consumer, consumer-to-consumer and consumer-to-
business. E-commerce and e-business are terms that are used
interchangeably.
Several applications including email, online catalogues and
shopping carts, Electronic Data Interchange (EDI), File Transfer
Protocol (FTP) and web services help in conducting e-commerce.
Tools such as social media marketing, digital coupons and
targeted advertisements aid companies in attracting consumers
online.
The advantages of e-commerce are its convenience as it is
available 24x7, its speed of access, availability of a wide range
of goods and services, easy accessibility and global outreach.
Payment Transactions in E-Commerce Payment
transactions in e-commerce can be done by:
1. Online Banking: Online banking is also known as virtual
banking, internet banking or e-banking. It refers to an
electronic payment system that permits financial
institutions or bank customers to conduct a variety of
transactions using their website. Mobile Banking:
Financial institutions offer mobile banking in which 2.
they permit customers to use a mobile device such as
tablet or mobile phone to conduct a range of financial
transactions remotely. These financial institutions also
offer their own software or applications to the customers
3. Payment Apps and Services: Also known as Digital Wallets or
Mobile Wallets, credit/debit cards or bank accounts are used by
these wallets to make payments. There are many payment apps in
the market which are quite convenient and easy to use. Apps that
are frequently used in the market are as follows:
(a) Google Pay Wallet
(c) Paytm Wallet
( b) Apple Wallet
(d) MobiKwik Wallet
(f) Bharat Interface for Money (BHIM)
all? Just click!
(e) PayPal
(g) PayZapp by HDFC Bank
(h) Pockets by ICICI Bank
INTERNET SECURITY
The main purpose of establishing connectivity using the internet or network
lies in sharing, messaging and collaborating data. However, with an
increase in the usage of the internet, the chances of security breach have
increased manifold in terms of viruses or hacking and other cyber-attacks.
To curb these malicious and unethical practices, there are some steps that
individuals and organizations can take to ensure the safety of computers
and online transactions. These steps work as the building blocks of internet
security.
Due to several online threats, your confidential data and personal
information can be compromised and can be tracked by unauthorized users.
Ensure that usernames, passwords, credit card details or online banking
information are secure as malware can be installed by some websites
without your consent, leaving your computer system insecure or damaged.
What increases the chances of users getting compromised are online
threats like email spoofing, phishing, chat spoofing, etc.
t Practices for Better Security
1. Strong password: Use passwords that are not easy to
guess. To create a strong password, make sure to use a
combination of alphanumeric and special characters.
2. Avoid giveaways: Do not keep passwords such as your
favourite color, a friend or relative's name, date of birth or
mobile number either individually or in combination
People who know you personally can easily crack such
passwords.
3. Change password frequently: To ensure the security of
your account information, changing your password every
second or 3rd week is recommended
7. Install firewalls: Firewalls assist in keeping a network or
computer secure and can be a software or hardware. They
analyze network traffic, determining if the traffic should be
permitted or not
Apart from these general security practices to be followed for
maintaining the internet or network security, there are certain
guidelines which should be followed for managing strong
passwords and maintaining the security and integrity of a user's
data. These are as follows:
The password must contain 12-14 characters, if allowed.
Passwords based on dictionary words, repetition, number or
letter sequences, pet or relative names, etc., must be avoided.
Number and symbols, if permitted, must be used in a password.
A combination of lower case and capital letters must be used.
Clearing Data from Browsers
Web browsers have built-in password management designed to
store passwords that are used in forms on websites. When users
log in to websites, the passwords and usernames are often saved.
But it is not advisable to let the web browser store this data,
particularly on public or shared computers.
To clear/erase personal data from a web browser like Google
Chrome, open the browser.
Click on the three dots displayed on the right side of the browser.
Select Clear browsing data option.
OR
Alternatively, you can press Ctrl + Shift + Del to clear browsing
data.
MAINTAIN WORKPLACE SAFETY
Safety is of utmost importance whether it is at the workplace or
elsewhere. Working in a safe and healthy environment not only
reduces injuries/illnesses but also increases output. Besides, it also
brings down absenteeism and boosts employee morale. Therefore, it
becomes the responsibility of the owner of an enterprise or
organization to put in place basic safety measures
Basic safety rules to follow at the workplace fall under the categories
of fire safety, falls and slips, electrical safety and use of first aid.
Fire can be caused due to food being cooked in the pantry or canteen,
cigarette smoking, garbage being burnt off, inadvertent flaring up of
inflammable substances, etc. However, most fire accidents can be
prevented if safety measures are taken in the first place.
Some important safety measures include:
Fire Safety
(a) Ensure a clear passageway to all escape routes
(b) Outline escape pathways that are short and lead directly to exit doors.
(c) Check smoke alarms regularly and place them at proper intervals.
(d) Ensure emergency doors open easily.
(e) Make the workplace a no-smoking zone.
Falls and Slips
(a) Keep the passages and moving area clean and free of debris, clutter
and obstacles.
(b) Cross-ventilation must be adequate to receive a good amount of light
in the working areas.
(c) Workers should be advised to wear non-slippery footwear.
(d) Clean up spills immediately and ensure that the floors are clean and
dry.
(e) In case oil spills and dust can't be cleaned immediately, place 'wet
floor' warning signs.
Electrical Safety
Employees should be trained to use electrical
equipment cautiously and trained to deal with
the situation in case of electrocution or fire.
One must take appropriate measures and
follow safety rules to protect themselves from
dangerous electrical devices both at home and
workplace.
The following precautions should be followed in order to avoid
accidents while using electrical equipment:
(a) Avoid using sub-standard electrical equipment.
(b) Workers should be trained to handle an emergency situation.
(c) Avoid using water at all times while working with electrical
equipment.
(d) Electrical wires to be used should not be in a tangled state. In case
wires and electrical equipment are found worn out or with damaged
insulation, they should be immediately replaced.
(e) Always use appropriate insulated rubber gloves and goggles while
working on any electrical cable or circuit.
Use of First Aid
First aid is an emergency care that can be given immediately to an injured
person in case of any accident or hazardous situation till proper medical
aid/facility arrives. First aid, provided effectively and on time, can save
lives. Its purpose is to minimize injury and
disability. It is essential for every organization to have a basic First-Aid
Kit ready and available at all times. Always check for the expiration
dates of medicines and medical-related items.
The basic rules of First Aid are:
(a) Try to make the injured calm.
(b) In case the injured is under some shock, they should be kept warm.
(c) Hold the injured steady.
(d) In case of a neck/back injury, do not move the injured.
Accidents at Workplace
One may get involved in an accident while at work. Some of the
accident types are as follows:
Fire, slip and fall accidents
Contact with an object or equipment
Exposure to harmful substances
Industrial illnesses or diseases
Road traffic accidents
Handling Accidents
Prevention is always better than cure. Accidents must be avoided to the
maximum.
However, if they occur, they should be handled carefully. Blaming each
other after
accidents should be avoided and they should be handled
compassionately. • SOP (Standard operating procedure) must be
followed by organizations for handling accidents
• To prevent workplace accidents, safety measures must be put in place
Emergency Situations
An emergency situation at the workplace is an
event that occurs and creates risks for
employees and clients. It may result in a
sudden risk to life, property, health, etc. Such
situations must be handled promptly, taking
all precautions. Emergencies fall into three
categories, i.e., natural, work-related and
external.
Types of Emergencies
Emergencies are of various types and there should be an emergency
management plan to handle such situations. The various types of
emergencies include
Floods
Explosion
Fire
Tornado
PROTECT HEALTH AND SAFETY AT WORK
Sometimes, you may face several challenges
and hazardous conditions at the workplace.
Every employee looks forward to an
accident-proof work environment. If the safety
of the work environment is not kept in mind, it
might cause severe mental and physical
complications for employees. Safety measures
must be properly implemented to ensure the
safety of employees and to protect the
Types of Hazards
Some serious health hazards in an organization could endanger the lives
of the employees.
Any hazard can create a situation of risk that can lead to damage, harm
or a potential loss of life.
Chemical
Depending on the environment or industry in which the employees work,
there can be many hazards. The following are the different types of
hazards:
Hazard Checklist
The following is a checklist ku workstations
Sufficient spare should be provided for the user to alter positions
comfortably
There sheuht bo provision for adequate lighting
Windows should have adjustable coverings to alter sunlight level.
Foough spare should be provided in case a workstation is shared by
Provision for Evacuation
Every workplace must have an evacuation provision in case of an
emergency. Evacuation refers to the process of vacating a place in
case of an emergency.
Every organization must adhere to the following to handle an
emergency situation:
• There must be an evacuation policy and the employees should be
aware of it. A designated assembly point should be assigned and
every employee should know how to reach there during an emergency.
• An organization must have a 'buddy system' to make sure that the
Healthy Living
Living a healthy life is the first and foremost principle of a successful
life. To provide a healthy environment both at home and the workplace,
a healthy living is of vital importance Fewer sick leaves and more
productivity are ensured by healthy employees. Being more active and
energized, healthy employees are more productive. A healthy employee
is one who is also happy. A healthy lifestyle plays a major role in
improving a person's health and
well-being A healthy lifestyle includes:
Good eating habits
Physical activities/workouts
THANKS
By group 4
Tibin benny
