Definition of eCommerce
commercial transactions conducted electronically on the Internet Electronic commerce, commonly written as e-commerce or eCommerce, is the trading or facilitation of trading in products or services using computer networks, such as the Internet or online social networks. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction's life cycle although it may also use other technologies such as e-mail. E-commerce businesses may employ some or all of the following: Online shopping web sites for retail sales direct to consumers Providing or participating in online marketplaces, which process third-party business-to-consumer or consumer-to-consumer sales Business-to-business buying and selling Business-to-business electronic data interchange Engaging in pretrial for launching new products and services Find Out MoreOver many years, iTWINE Technologies, has been in the forefront of technological advancements and has built business processes, frameworks, ready to use components that are scalable, highly optimized to ensure high performance, that have been time tested and easily customizable. These ready to use components, processes and frameworks can be integrated in a seamless manner to create a solution that meets or exceeds Customer Expectations. These components having been deployed in multiple projects over the years have the unique advantage of not only bringing down the Total Cost of Ownership (TCO) and being robust, but also reduce the overall Turn Around Time in the delivery of a solution.
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