E-Commerce Introduction

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E-Commerce Introduction

E-commerce is a technology-mediated exchange between parties (individuals or organization) as well as the electronically based intra-organization activities that facilities such exchanges. It is the business option in which the transactions take place via telecommunications networks. It changes the way you shop, learn interact and transact business; this wave or emerging technology affects every facet of your lifestyle, home as well as your workplace.

E-commerce is directly or indirectly applicable in all areas of our life be it banking, entertainment, on line order processing cycle or SCM (Supply chain management). Due to its wide variety of applications e-commerce has gained a lot of popularity over the decade. It has drawn the attention of researchers regarding a lot of popularity and resolving the security issues regarding the electronic transactions.