Tuesday 15 March 2016

Journal #6: Digital Business

For this assignment, we learned about many different forms of digital business and also the available forms of payment when making purchases online like PayPal. This assignment was one of the most interesting ones we have done so far to me because I make a lot of online purchases and this has taught me a lot about staying safe online when putting bank information into the databases of companies. The most surprising part of this assignment was definitely learning about the many abilities of PayPal and just how easy it is to use. In fact, after this unit, I am very interested in PayPal as a company and looked into it further! The only part of this assignment that didn't exactly make sense to me were the questions about what shopping will be like in the future because there isn't any way to know that and in four years, there probably won't be much difference. I just didn't see a point to it. My family, friends and I have all purchased things from online stores and as far as I know it has always been a positive experience! I purchased $150.00 worth of stuff from one website that actually just arrived at my house on Tuesday and it has been a very great experience so far and I am quite impressed. However, I have not sold anything online just because I have never had a reason to, but I am not opposed to it and I probably will be doing it in the future. 

Two tips for additional business tips that I found to be very helpful and important are:
  1. "Whenever possible use the "TAP" services when paying with credit cards and debit cards to limit the amount of time your card is with others." I think that this tip is very important because keeping your personal information is very important and giving out information or risking the loss of your card is very dangerous. I also like this point because I am a cashier and I prefer when customers use the TAP feature because it takes up less time, and less issues arise with "chip malfunctions". 
  2. "When buying using KIJIJI and other online service make sure buying is done in a PUBLIC PLACE and never send money via email or other ways to the seller." I think that this tip is probably the most important one regarding digital business because making in person purchases from an unknown person on an online advertisement can be very dangerous! Most of the time, people hear the "horror stories" of arriving at someones house to buy a dog and the place practically looks haunted... but these things can and do happen! The situations can end up very badly and should be taken very seriously, so I think that meeting for a purchase in a public place or with other people is the best bet instead of risking your life and safety to make a purchase that may or may not be a trap.
I think that the biggest issue for young people regarding shopping online is definitely not knowing how to properly protect their information. It is very common for young people to purchase things online but many of them probably don't know that it's possible for someone or a company to retrieve your information after making one purchase on one suspicious website. It's not the best idea to put your bank account information into any company's system like it's nothing because the consequences can be very serious! Perhaps the young people who like to make online purchases should be educated on this before making their purchases just to make the best of the situation and lower the risks.

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