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.
The term e-business, was coined by IBM.
Examples of e-commerce sites
E-commerce encompasses a very wide array of transactions; some common ones are listed below.
- Apple App Store (Apple Pay)
- iTunes store
- Google Play (Google Pay)
What are the types of e-commerce?
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