BUSINESS IN NATURE
Online processing refers to the many different forms of transaction that is done over the Internet. Most online processing operations are business in nature and involve the movement of funds from a source to a recipient.
Online processing can be of many types. Online check processing involves check deposit and clearance that is facilitated via your bank’s website. If you have an existing account with a bank, all you have to do is go online, access your bank’s secured website and perform the online check processing on the website itself.
EXAMPLES OF ONLINE PROCESSING
If you have some worries about doing this type of online processing, know that bank websites are different from ordinary websites. Banks and other types of websites that perform business transactions over the web have a strong system of protection that ensures the data you provide online cannot be hacked or seen by malicious people. These websites operate through tightly secured servers whose encryption is very difficult to decode.
Anther type of online processing is online order processing. Online order processing involves a buyer availing of a company’s product or service over the Internet. The most common types are the online shopping websites where you can purchase almost anything from books to insurance policies.
Online order processing is a cycle that begins with the placement or taking of the order and ends with the actual delivery of the goods or services. All of these things take place over the web as well, with the buyer placing and receiving his order without having to leave the comforts of his home. For online order processing, the process involves an order fulfillment system that ensures that the products or services purchased are correctly handled and delivered on time.
Yet another type of online processing is the online digital photo processing. This involves the purchasing of prints for your digital pictures. The process requires you to upload your digital pictures to an online photo processing company and specify the number of prints and the size you want the prints to be. When the online processing is done, you will receive your prints in the mail, as good as if you had them developed yourself.
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