In this article we are going to explain in front of you about electronic commerce, definition and classification of electronic commerce.
What is Electronic Commerce?
Electronic Commerce as a sphere of economics includes all financial and trading transactions that are processed via computer networks as well as business processes connected to such transactions processing.
Electronic Commerce covers,
1:Electronic Data Interchange (EDI)
2:Electronic Funds Transfer (EFT)
3:Electronic Trade (e-trade)
4:Electronic Money (e-cash)
5:Electronic Marketing (e-marketing)
6:Electronic Banking (e-banking)
7:Electronic Insurance (e-insurance)
Classifications of Electronic Commerce,
Classifications of Electronic Commerce are mentioned below,