Risk factors associated with online transactions

As the internet’s external environment matures, consuming services based on family life will become the most important aspect of electronic commerce in the world. It has an impact on the industry’s growth as well as changing and influencing users' buying patterns. This article talks about the transaction risk for the consumer and suggests ways to control risk based on an analysis of the risk. In this paper, we understand the different types of risks in online transactions and steps to avert them.