Whirlpool is the second largest electronics corporation in the world and it produces refrigerator, air-conditioner, ice tank, washing machine, microwave oven, etc. The company has set strict pricing procedure, which is very complicated and can not be processed in computer at that time.

The prices will change several times in one year and every time the price change needs to operate in 180,000 excel tables, spending 110 days. It has impacted the margin profit so it changed the sales chains business process consequently to lower the cost.

Now the company has established a network to manage all the price changes in different chain stores and started online business.

CyberCash could offer many different online payments. CyberCash allows customers to pay small amount of fees through their own CyberCoin website. Consumers could deposit small amount of money in the pocket of CyberCoin and CyberCash.

The company has made the customers happy about the online payment and the company prefers e-payment system as it could bring great convenience for the customers.

Online payment means both sides of the business could settle the payment through online payment tools, which may be issued by banks or intermediate organizations.

Now online payment has covered credit card payment online, electronic cash settlement, electronic purse settlement, debit card settlement, electronic tokens settlement etc. CyberCash Company offered electronic cash settlement service.

IBUonline is a B2B business portal. IBUonline has posted many e-business cases on the website to promote e-business.

Author's Bio: 

IBU is more than an international business platform; we not only connect global buyers and suppliers, but also participate in the whole process of international trade, provide a series of practical services (off the platform) to greatly enhance the efficiency of global trade.