E-Commerce:-

          E-commerce (EC), an abbreviation for electronic commerce is the buying and selling of goods and services or the transmitting of funds or data, over an electronic network, primarily the internet. These business transactions occur either as B2B, B2C, C2C or C2B.

Basics of E-Commerce:-

             E-commerce allows consumers to electronically exchange goods and services with no barriers of time or distance. It has expanded rapidly over the past five years and is predicted to continue at this rate, or even accelerate.

          Electronic commerce draws on such technologies as electronic funds transfer, supply chain management, Internet marketing, online transaction processing, Electronic Data Interchange, Inventory management systems, and automated data collection system.