Date Added: Mar 2010
Electronic commerce, also called E-commerce, is increasing around the globe. E-commerce mostly consists of electronic business transactions related to the purchase and delivery of goods and services. Some people define e-commerce as including only transactions that involve the electronic transfer of money; however, e-commerce is generally regarded as including any electronic transaction concerning a purchase by check, phone, or some other means. E-commerce includes retail trade between Business-To-Consumers (B2C) as well as Business-To-Business (B2B) trade. Businesses use the Internet, extranets, or Electronic Data Interchange (EDI) in carrying out ecommerce.