M2 is money in the form of traverlers checks, regular checks, e-money, and similar forms of secondary money.  It is peculiar to see that the total number of deposits made is more than the amount of currency available.  E-money is harder for banks to track, especially when they are in the hands of third party business such as Paypal.  If the central banks underestimate how much money is flowing through the economy, the government will think to print more money, which would cause inflation.

Contactless e-money comes in the form of Paypal, Bitcoin, and related forms of currency.  We can see a rise of over double the use of contactless e-money when compared to contactless credit.

Another major challenge for e-commerce is to deal with different cultures and rules from different countries.  Ads for war toys like these are banned in Greece, but not in the U.S.  If this ad was shown on a website hosted by the U.S. and a citizen from Greece happened to find it, that citizen could file a court order to have the company in the U.S. take the image down.  The question is, does the company in the U.S. have to comply with Greek rules?

A good majority of the victims include older generations who are not as tech-savvy or knowledgeable of the dangers of the internet.  The different types of crime are as follows: FBI impersonation, loan intimidation, automobile-auction, romance scams, work-from-home scams, overpayment, identity theft, advance fees, non-auction and non-delivery of merchandise.

Digital divide, internet users, education, USA

Digital divide, internet users, family income, USA

Digital divide, mobile phone subscriber, global, type of country

Digital divide, fixed telephone lines, global, type of country

This image represents the lack of tax on transactions made online state to state. The Internet Tax Freedom act passed during the Clinton administration. The law prohibits multiple and discriminatory taxes on electronic commerce and it wont be reviewed again until November 1, 2014.

Future projections show a rise of tablets being sold, which allows consumers to have yet another way to buy online.