E-commerce

Posted by t20 World Cup Live On Saturday, September 24, 2011 0 comments


E–commerce is the short name for electronic commerce. It means business transaction through internet, telephone, credit card etc. without the help of cheque or physical payment of money on the part of the buyer. The money is paid by the bank r company. It is the most modern method of transaction and id in practice in the developed countries of the world. Any information regarding the price, availability and quality of the goods is transmitted through internet and telephone. Thus E-commerce facilitates business transaction without the trouble and risk of commerce is especially convenient in import from another country and order for it through internet without being physically present there. He may even see the commodity on the screen and be sure of its quality. Thus money, labour and time are saved in transaction through the E-commerce system.

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