eCommerce websites are online portals that facilitate online transactions of goods and services through means of the transfer of information and funds over the Internet. In the early days, e-Commerce was done partially through emails and phone calls. Now, with a single website, anything and everything that a transaction needs, can be executed online.
With the use of mobile devices and laptops increasing every day, there are a lot of advantages of e-commerce like –
Global market reach
A global choice for consumers
Short product/service distribution chain
Lesser costs and pricing
And there are some risks too with e-commerce –
Fraud and online insecurity
Data privacy issues
No testing or checking of services or goods
Dependence on electronic technologies
