E-commerce

E-commerce, short for electronic commerce, refers to the buying and selling of goods and services over the Internet. It encompasses a wide range of online transaction activities, including retail shopping, business-to-business sales, electronic payments, and online auctions. E-commerce allows consumers and businesses to conduct transactions without the need for physical storefronts, providing convenience and expanding market reach. It includes various platforms and technologies such as websites, mobile applications, and online payment systems. E-commerce is distinguished by its ability to facilitate transactions quickly and efficiently, leveraging the global connectivity of the Internet to reach a broader audience.