econmmerce

E-commerce (or electronic commerce) is any business transaction whose price or essential terms were negotiated over an online system such as an Internet, Extranet, Electronic Data Interchange network, or electronic mail system. It does not include transactions negotiated via facsimile machine or switched telephone network, or payments made online for transactions whose terms were negotiated offlineRefers to the buying and selling of goods and services electronically, usually via the Internet. Wireless e-commerce generally refers to m-commerce. The act of conducting business on-line, e-commerce Describes doing business - primarily buying and selling of goods and services - on the web. Also known as electronic commerce or EC. Thanks to its 24x7 availability, global reach, and interaction and information delivery capabilities, the web is rapidly becoming a multi-billion dollar source of revenue for business across the globe.
may include buying and selling products with digital cash and via electronic data interchangeThe meaning of the term "electronic commerce" has changed over the last 30 years. Originally, "electronic commerce" meant the facilitation of commercial transactions electronically, usually using technology like Electronic Data Interchange (EDI) and Electronic Funds Transfer (EFT), where both were introduced in the late 1970s, for example, to send commercial documents like purchase orders or invoices electronically.

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