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What is Electronic Commerce (E Commerce)?

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What is Electronic Commerce (E Commerce)?

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Electronic commerce, aka e-commerce, is the buying and selling of products or services over electronic systems such as the Internet. The introduction of debit cards, cash cards and credit cards into the Nigerian market has given rise to e commerce in Nigeria. Millions of transactions are being processed monthly according to a recent study by Interswitch, one of Nigeria’s leading payment processing company. The amount of online transactions conducted electronically has grown tremendously since the spread of the Internet. Electronic commerce includes paying bills online, banking online, trading stocks online, paying for any goods or services online, etc. Electronic commerce also consists of the exchange of data to facilitate the financing and payment aspects of the business transactions. Click here for more information about accepting credit and debit card payments on your website using Nigeria debit and cash cards. Below are some e commerce websites: Simply Elegant Wings Fine Arts . . .

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