Electronic commerce refers to the buying and selling of products or goods via the internet and is generally considered to be the sales aspect of e-business.
E-Commerce typically uses a “shopping cart” engine to facilitate a store front in a web browser where a client can view and order good. Payment for goods are normally interfaced to an external Payment Gateway which handles sensitive credit card or EFT transactions.
Although the store front is the most visible part to the client, there are many components to the online store which have to be taken into account.
- Electronic Funds Transfer
- Supply Chain Management
- Internet Marketing
- Online Transaction Processing
- Electronic Data Exchange
- Inventoring Management