Why e-Commerce?
Electronic commerce can be considered as the sales aspect of e-business. It involves the co-ordination of Buyer and Seller over the Internet conducting the process of Online Selling and Buying through a reliable media ensuring the secure monitory transaction. First Online shopping mechanism was successfully launched in the year 1979 by Michael Aldrich.
Adoption Phases of e-Commerce
Apart from the phases mentioned earlier in Electronic business, some additional phases are as follows:
- Design new or Implement an existing Shopping Cart System.
- Implement the Transaction Modules (via PayPal, Master Card etc.).
- Implement Public Key Infrastructure (PKI) for security purpose.
- Secure Customer/Client details and personal information from Intruders.
- Adopt Online Transaction Monitory system.