E-Commerce Electronic Commerce is defined by Webster's Dictionary as using computer networks to conduct business, including buying and selling online, electronic funds transfer, business communications, and using computers to access business information resources. The Electronic Commerce Association describes electronic commerce as 'doing business electronically'. More precisely we could describe electronic commerce as involving the exchange of information using a combination of structured messages (EDI), unstructured messages (e-mail and documents), data access and direct support for …showed first 75 words of 1138 total…

…showed last 75 words of 1138 total…have developers working to produce the collective answers that may open the floodgates to electronic commerce in the near future. The market will demand electric money because of the accompanying new efficiencies that will shave costs in both consumer and supplier transactions. Consumers everywhere will want the bounty of a global marketplace, not one that's tied to bankers' hours. These efficiencies will push developers to overcome today's technical hurdles, allowing E-commerce shopping to replace paper.