Vol. 1, Issue 2 (2015)
Author(s): Meenu Mahajan
Abstract: E-commerce has changed a way of doing business in a modern world. It is not just electronic payment on the Internet. There are several application areas in this category; like banking activities, publishing including electronic distribution, sales portals covering sales, marketing, production, management, and distribution. When enabling these kind of services, protection of a individual privacy, computer security and application technology is are key issues. If security issues are challenged by the users it also means that there will not be users for the services. There are several technologies available for these growing markets saving companies for marketing storage and logistics cost. The number of Internet users around the world has been steadily growing and this growth has provided the impetus and the opportunities for global and regional e-commerce. However with Internet, different characteristics of the local environment, both infrastructural and socio¬economic, have created a significant level of variation in the acceptance and growth of e-commerce in different regions of the world. Electronic commerce or e-commerce refers to a wide range of online business activities for products and services. E-commerce is the use of electronic communications and digital information processing technology in business transactions to create, transform, and redefine relationships for value creation between or among organizations, and between organizations and individuals.