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 business activities, including retail sales, online marketplaces, and business-to-business transactions. E-commerce allows consumers and businesses to engage in transactions through various digital platforms, such as websites, mobile apps, and social media. This category covers different models, including business-to-consumer (B2C), business-to-business (B2B), consumer-to-consumer (C2C), and consumer-to-business (C2B). E-commerce has transformed traditional retail by providing convenience and accessibility to shoppers, allowing them to browse, compare, and purchase products and services from anywhere at any time. Payment methods in e-commerce typically include credit cards, digital wallets, and various online payment systems. Overall, e-commerce plays a significant role in the modern economy, enabling a global marketplace where businesses can reach a wider audience and consumers can access a vast array of products and services.