Definition of E-commerce:-
Write about E-commerce.
E-commerce means buying and selling of products or services over Electronic systems such as internet and other computer networks.
ü This use of Electronic transmission medium (Tele communication) to Engage in the exchange, including buying and selling, of products and services either physically or digitally,
from location to location.
ü The key element of E-commerce is information processing.
ü This information processing activity is in the form of business transactions.
ü Some of the business transactions are :-
1. Transactions between company and the consumer over networks for the purpose of home shopping and home banking
2. Transactions between trading partners .
3. Transactions for information distribution .