E-commerce is the transaction of buying and selling of goods and services, or the transmitting of funds or data, over an electronic network, primarily the internet. These transactions occur either as business-to-business, business-to-consumer, consumer-to-consumer or consumer-to-business. Electronic commerce runs on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, electronic data interchange , inventory management systems, online transaction processing, and automated data collection systems. Modern Electronic commerce uses the World Wide Web for transactions although it may also use other technologies such as e-mail.
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