NOTES BY GHANISHTA MISHRA
, E-COMMERCE
E-Commerce or Electronics Commerce is a methodology of modern
business which addresses the need of business organizations, vendors
and customers to reduce cost and improve the quality of goods and
services while increasing the speed of delivery. E-commerce refers to
paperless exchange of business information using following ways.
NOTES BY GHANISHTA MISHRA
, E-COMMERCE
Electronic Data Exchange (EDI)
Electronic Mail (e-mail)
Electronic Bulletin Boards
Electronic Fund Transfer (EFT)
Other Network-based technologies
NOTES BY GHANISHTA MISHRA
, E-COMMERCE FEATURES
Non-Cash Payment − E-Commerce enables use of credit cards,
debit cards, smart cards, electronic fund transfer via bank's website
and other modes of electronics payment.
24x7 Service availability − E-commerce automates business of
enterprises and services provided by them to customers are available
anytime, anywhere. Here 24x7 refers to 24 hours of each seven days
of a week.
NOTES BY GHANISHTA MISHRA