Electronic commerce, commonly known as e-commerce or eCommerce, consists of the buying and selling of
products or
services over electronic systems such as the Internet and other
computer networks. The amount of trade conducted electronically has grown dramatically since the wide introduction of the Internet. A wide variety of commerce is conducted in this way, including things such as
electronic funds transfer,
supply chain management,
internet marketing,
online transaction processing,
electronic data interchange (EDI), automated
inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the
World Wide Web at least at some point in the transaction's lifecycle, although it can encompass a wider range of technologies such as
e-mail as well.
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