ELECTRONIC COMMERCE

the buying and selling of products and services by businesses and consumers over the internet. Such a practice has exploded in the past year alone, as security issues have improved, and more and more consumers are buying and goods and services onlinealso called ecommerce. Typically there are three types of ecommerce transactions: business to business (Cisco), business to consumer (ie etailers), and consumer to consumer (eBay).also called ecommerce