A method provides for placing and executing electronic commercial transactions via the Internet with the aid of a vendor computer to generate a transaction ID that is subsequently transmitted by a customer to the vendor. The transaction includes the vendor's network address, and parameters associated with preconfigured commercial transaction. Transaction codes can be stored by the customers computer as icons, and/or web browser bookmarks. The transaction code is received by the vendor, and the desired preconfigured commercial transaction is identified. The identified transaction is then automatically executed.