Electronic commerce or e-commerce is
a term for any type of business, or commercial transaction, that involves the
transfer of information across the Internet. It covers a range of different types
of businesses, from consumer based retail sites, through auction or music
sites, to business exchanges trading goods and services between corporations.
It is currently one of the most important aspects of the Internet to emerge.
E-commerce allows consumers to
electronically exchange goods and services with no barriers of time or
distance. Electronic commerce has expanded rapidly over the past five years and
is predicted to continue at this rate, or even accelerate. In the near future
the boundaries between "conventional" and "electronic"
commerce will become increasingly blurred as more and more businesses move
sections of their operations onto the Internet.
Source : Network Solutions
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