Electronic Commerce (E-Commerce)

Electronic commerce, or e-commerce, refers to buying and selling goods and services over the internet. It involves online transactions where consumers can browse products, place orders, and make payments electronically, often through websites or mobile apps. E-commerce enables businesses to reach a global audience, operate 24/7, and offer convenient shopping experiences. It includes various models such as B2C (business-to-consumer), B2B (business-to-business), and C2C (consumer-to-consumer). Essentially, e-commerce transforms traditional commerce into a digital format, making transactions faster, more accessible, and efficient for both buyers and sellers.