What kind of rules and procedures for a successful transaction? How can we protect an online transaction? and what is the best payment way?

Successful transaction rules and procedures is Letter of credit and insert the terms & condition for protection of paymentm in L/C.

Transaction made against proforma invoice through supplyer bank.

Thanks for invitation,

In general the rules and procedures for the most successful transaction, even manually or online are:

1- To be simple to be easy understood by users.

2- Needs the fewest steps.

3- A very well secured.

4- Totally matched with environment.

5- Easly reviewed and posted or proceeded.

6- Has its own soonest feedback to all parties concerned.

And regarding the best payment method in the "Commercial Environment"

1- From the buyer's point of view, is the "Documentary Collection".

2- From the seller's point of view, is the "Advance Payment".

3- From both sides point of views, is the "Letters of Credit", which mitigate risk not only for both sides (Buyer and Seller), but also for all partsconcerned including banks.