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Question

Rishal stays in a hostel in the USA and his parents stay in Mumbai. Rishal's birthday is in five days and his parents wish to gift him a pair of branded shoes. How can they gift?

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Solution

They can use the mode of C2C commerce where the business originates from the consumer and the ultimate destination is also consumers This type of commerce is best suited for dealing in goods for which there is no established market mechanism For example eBay, quikr etc where consumers sell their goods and services to other consumers. Another technology that has emerged to support C2C activities is that of the payment intermediary.

For example PayPal. Instead of purchasing items directly from an unknown, untrusted seller; the buyer can instead send the money to PayPal. From there, PayPal notifies the seller that they will hold the money for them until the goods have been shipped and accepted by the buyer.


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