eCommerce and ePayment�

2022.06.29

전길남

Chon Kilnam

KAIST

​

2022 KR4050 Workshop 2021.10.24rev2022.3.16

Part 1 eCommerce

Table of Contents

Introduction

BtoB, BtoC, CtoC,..

Timeline

Amazon

eBay

China (Alibaba,…)

Japan (Rakuten,…)

Korea (Naver, Auction,…)

Remarks/Issues

References

2

Introduction

Classification; B2B, B2C, C2C

Online goods and services

Retail services

Marketplace services

3

Timeline

World Asia �

• B2B(Thomson Holidays, UK)
• Online ordering (Minitel, France)
• eCommerce Act (California)

1984 B2C (Tesco, UK)

1994 Amazon

1995 eBay

1997 Rakuten, Japan

1999 Global e-Commerce - $150 billion Alibaba, China

2000 Auction (eBay Korea), Korea

2017 Global eCommerce - $29 trillion

(B2B $26 trillion, B2C $4 trillion)

4

Remark

This ppt was developed from Chapter 6 eCommerce of Asia Internet History, Fourth Decade (2010s), 2021.

5

References - eCommerce

Kilnam Chon, eCommerce, Asia Internet History, Fourth Decade (2010s), 2021.

Wikipedia; Alibaba, E-commerce, Rakuten, eBay,….., 2021.

6

Part 2: Electronic Payment System

Table of Contents

Introduction

Timeline

Bank Payments

Credit Card

PayPal

Mobile Money Wallets

M-Pesa

*pay (Alipay, Jdpay, WeChatpay, Samsungpay, Rakutenpay,…)

Remarks/Issues

References

7

Timeline

1958. BankAmericard (Visa) – Credit Card
1998. PayPal – Online Payment�1999 Ericsson - Telnor

2004 Alipay – Mobile payment service

2007. M-Pesa – Mobile phone-based money transfer service

2014/5 Mobile payment service started in Korea

​

8

Remarks/Issues

This ppt was developed from Chapter 6 eCommerce of Asia Internet History, Fourth Decade (2010s), 2021.

9

References - ePayment

David Birch, The currency cold war, 2020.

Kilnam Chon, Chapter 6, Asia Internet History, 4th Decade (2010s), 2021.

Gary Gensler, Blockchain and Money, 15.S12, MIT, 2018.

Wikipedia, Electronic payment system, 2021.

Hoover Institute, Digital currencies, 2022.�White House, Executive order on ensuring responsible development of digital assets, 2022.3.9.

​

10