E-commerce is defined as commerce that is transacted electronically, as over the internet. Most people think of E-commerce as buying things on the web. In reality, it is much more than that. It does include purchases from such places as Amazon or Borders for you books, to an array of sporting goods stores for your outdoor activities. It also includes services, such as banking. There is business to consumer (B2C) transactions that most of us use today. Another form is consumer to consumer (C2C), which included the popular auction sites. There is also business to business (B2B) commerce done on the internet. They are all forms of E-commerce
In 1968 E-commerce got its start through an electronic data interface which allowed companies the ability to complete transactions with each other. It wasn’t until 1984 that a standard called ASC X12 was introduced to make sure both companies had the same transaction capabilities to allow them to interact reliably and quickly.
In 1992,......
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