E-commerce
E-commerce, short for Electronic Commerce, refers to the buying and selling of goods and services conducted over electronic networks, primarily the internet. It encompasses a wide range of online transactions, including online retail, electronic payments, and digital services.
E-commerce platforms facilitate the exchange of goods and services between businesses and consumers, providing a virtual marketplace that transcends geographical boundaries. Key components of e-commerce include online storefronts, payment gateways, and secure transaction processing.
The evolution of e-commerce has transformed the retail landscape, offering customers convenience, accessibility, and a vast array of products at their fingertips. Secure payment methods, data encryption, and user-friendly interfaces contribute to the success of e-commerce, making it a dynamic and integral aspect of modern commerce.
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