Shruti Speak's

E-COMMERCE Electronic Commerce (E-commerce) refers to buying and selling of goods or services over electronic system such as internet and other computer networks. Electronic commerce that takes place between businesses is refereed to as business-to-business or B2B. Electronic commerce that takes place between business and consumers is referred to as business-to-consumer or B2C. Online shopping is a form of e-commerce where the buyer can visit the seller’s website, browse through the various products available and chose the one that best suits him/her. No intermediary is involved in this and the purchase process is completely electronic i.e., online. 4 PILLARS OF E-COMMERCE For conducting e-commerce one must be aware of its 4 pillars that make e-commerce strong, these are: 1)       Authentication 2)       Integrity 3)       Privacy 4)       Non-Repudiation 1)       Authentication Authentication means that both the sender and receiver must be able to ide