By Rakhee Chowdhary
"E-commerce" also known as electronic commerce is defined as the absolute set of procedures that carry commercial or business activities over a network and further aid in performing commercial transactions electronically. This is a new concept in global business world and makes the best use of technologies like electronic data interchange to transfer information or documents electronically. Moreover, this technology can be categorized into "Virtual Storefronts" on websites with online catalogs.
Buying and selling goods or services over the internet, has totally changed the business is conducted. Moreover, this technology has enabled people to buy goods and have virtual exposure of various services with a click of mouse button. Today, electronic commerce is not just about online stores, it is more about money. With stock exchanges finally coming online, this technology in India has started gaining its popularity.
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