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SME in Ireland: Challenges of ePayment Adoption

Ajibola, Adedoyin (2008) SME in Ireland: Challenges of ePayment Adoption. Diploma thesis, Dublin, National College of Ireland.

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Abstract

The advent of the Internet has brought about opportunities and strength to businesses in a dimension unprecedented. It has brought innovations into the way business is being carried out. These innovations enhances the business process from procurement of raw materials, production of goods and services, advertising and promotion, Warehousing (storage of goods), distribution of goods and services and the financial transactions that is interwoven into these business processes. These new innovations brought into the business processes by Information technology created a new model of business known as eBusiness. The innovations that Information technology brought with it into the business environment despite its advantages, also comes with some challenges. The area of challenge varies from business to business and also depends on various factors but for the purpose of this study, the focus will be on electronic transaction system known as epayment. Some years back, the cost of going the ebusiness way is quite enormous and therefore an exclusive advantage for big players in business. Over the years, the cost of information technology in all its spheres has fallen dramatically. The cost of computer hardware and software are now only a fraction of its cost in the past and keeps falling so also is the cost of support, paving way for small enterprises to enjoy these advantages. The purpose of this study is to examine the challenges of adopting an epayment option and criteria SMEs can use in selecting a particular epayment option or combination of options to fully take advantage of ebusiness model.

Item Type: Thesis (Diploma)
Subjects: Q Science > QA Mathematics > Computer software
T Technology > T Technology (General) > Information Technology > Computer software

H Social Sciences > HF Commerce > Electronic Commerce
Divisions: School of Computing > Higher Diploma in Business in eBusiness
Depositing User: Aisling Gorby
Date Deposited: 12 Apr 2010 15:26
Last Modified: 13 Aug 2014 16:18
URI: http://trap.ncirl.ie/id/eprint/22

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