What is E-Commerce?

Everyone who uses internet must have heard of the term E-commerce. But do you know what E-commerce actually means? Our post is an answer to the query – What is E-Commerce?

E-commerce stands for Electronic Commerce. Electronics means activities or transactions done using an electronic device over internet (electronic network). Famous devices are Smart-phones, Laptops and Desktop Computers etc. are electronic devices with internet facility.

E-commerce websites have gained tremendous amount of popularity and usage in the past decade.

E-commerce websites offer services or products that can be purchased by consumers. Some E-commerce websites also provide electronic wallets or option to do online banking.

Common activities that are performed on E-Commerce websites are: –

1. Buying Products Online.
2. Paying Telephone, Internet and Credit card Bills.
3. Doing recharge for mobile networks.
4. Transferring money to others using online banking services.
5. Selling used or new items on websites.
6. Playing paid games.
7. Booking taxi online using mobile app.
8. Ordering food from a nearby restaurant.

All these activities are covered under the topic of e-commerce. Online trading is another name for e-commerce.

People are becoming more engaged in their professional lives. They have minimum amount of time for their personal life. They look for options that can save time. Online shopping saves time. People order things like grocery, consumer electronics & books etc. online. E-commerce is a wide subject of economy.

हिंदी :

ई – कॉमर्स का अर्थ है इलेक्ट्रॉनिक कॉमर्स | यानि की इलेक्ट्रॉनिक नेटवर्क के द्वारा किया जाने वाली सभी वाणिज्यिक लेन-देन क्रियाओं को ई – कॉमर्स कहते हैं | ई – कॉमर्स को ऑनलाइन किया जाने वाला व्यापार भी कहा जाता है |