Electronic Commerce Electronic

Electronic commerce Electronic commerce, also known as e-commerce (electronic commerce in English) consists of the purchase and sale of products or services through electronic means, such as the Internet National Magazine Exchange and other computer networks. Originally the term applied to the execution of transactions through electronic means such as electronic data exchange, but with the advent of the Internet and World Wide Web in the mid-’90s began to focus primarily on the sale of goods and services through the Internet, as payment using electronic means, such as cr cards. The amount of trade conducted electronically has grown extraordinarily since the spread of the Internet.A variety of trade is thus stimulating the creation and use of innovations such as electronic funds transfer, the supply chain management, Internet marketing, the online transaction processing (OLTP), electronic exchange data interchange (EDI) systems, inventory management, and automated data collection. National Magazine Exchange The majority of electronic commerce involves the buying and selling of products between individuals and firms, however, a considerable percentage of electronic commerce involves the purchase of virtual items (software and derivatives mostly), such as access to content ” premium “of a website. Electronic commerce conducted between businesses is called in English Business-to-business or B2B. B2B can be open to anyone interested (as the exchange of goods or raw materials), or limited to specific pre-qualified participants (private electronic market). Edit