Short for electronic commerce, e-commerce or e-business is any purchase or distribution of services and products on the Internet. Essentially, it’s any online monetary transaction. However, online shopping is what comes to most people’s minds and is a popular example.
Examples of e-commerce sites
E-commerce encompasses a very wide array of transactions; some common ones are listed below.
The term e-business, was coined by IBM.
What are the types of e-commerce?
With e-commerce transactions can be either a B2B (business-to-business), B2C (business-to-consumer), or C2C (consumer-to-consumer).
Related information
- How to protect yourself while on the Internet.
- How to make money online.