A way to execute transactions and share information with other businesses, consumers or government by using computer and telecommunication networks, including the Internet.
Conducting business electronically. The term has come to encompass a considerable number of technologies, processes and strategies ranging from traditional EDI to Web-based transactions. Now more commonly known as e-commerce, cf. e-business. IBM has committed considerable resources to electronic commerce initiatives. See Energy Network Exchange, Insure-commerce, PetroConnect.
Also written as e-commerce. Conducting business online. In the traditional sense of selling goods, it is possible to do this electronically because of certain software programs that run the main functions of an e-commerce website, such as product display, online ordering, and inventory management. The definition of e-commerce includes business activity that is business-to-business (B2B), business-to-consumer (B2C).
The buying and selling of products and services by businesses and consumers over the internet. Such a practice has exploded in the past year alone, as security issues have improved, and more and more consumers are buying and goods and services onlinealso called ecommerce. Typically there are three types of ecommerce transactions: business to business (Cisco), business to consumer (ie etailers), and consumer to consumer (eBay). also called ecommerce.
Transacting business via electronic means. This includes all forms of electronic media such as FAX, E-mail and EDI. Electronic Commerce is NOT restricted to EDI only.
The process of conducting business on-line.
Used to describe commerce that occurs electronically over the Internet.
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The electronic transfer of value across the Internet in exchange for the delivery of a service or product. Electronic commerce integrates communications, data management and security services, allowing enterprises and consumers to freely communicate and make purchases from their selection of vendors.
E-commerce is just using the Internet to transmit business information and transact business—J.C. Penney taking an order online, say.
Context is: trade term. Any activity that utilizes some form of electronic communication in the inventory, exchange, advertisement, and distribution of, and the payment for, goods and services. All forms of commercial transactions are based upon the transmission of digitized data, including text, sound, and visual images. See also Global Information Infrastructure; Informatics; Technology.
use of Internet technology and Web pages for conducting business.
End-to-end, paperless business environment that integrates electronic transfer and automated business systems. The conduct of business transactions, supporting functions such as, administration, finance, logistics, procurement and transportation, between entities using an integrated automated information environment to interchange business information.'Electronic commerce' is an integrative concept, designed to draw together a wide range of business support services, including inter-organizational e-mail; directories; trading support systems for commodities, products, customized products and custom-built goods and services; ordering and logistic support systems; settlement support systems ; and management information and statistical reporting systems. Some authors use the more restrictive terms 'electronic trading' and 'electronic markets', and others broader terms such as 'electronic business', known better as 'eBusiness'.
A set of services which enable the secure exchange of electronic funds via the internet. Generally, E-Commerce is referred to in relation to websites that promote products and services for immediate sale.
Buying and selling over the Internet. Any transaction where a customer purchases a product or service at a Web site, as opposed to calling a telephone number to purchase the product or service, is considered electronic commerce.
is a virtual way to physically do business where money is exchanged and goord and/or services are rendered. E-commerce allows business transactions over the Internet with a defined methodology for exchanging money for good and/or services.
using the Internet to communicate with target audiences to arrange for buying and selling transactions; i.e., conducting business on-line.
The commercial transaction of services in an electronic format.
A broad term encompassing the remote procurement and payment by businesses or consumers of goods and services through electronic systems, such as the Internet.
Conducting business activities - buying, selling and other transactions - via communications and computer technologies. It includes transactions done by telephone, fax, ABM, credit card, debit card, television shopping, EDI and the Internet.
Commercial activity conducted over networks that link electronic devices (mainly computers).
A range of transactional capabilities that can be performed over the Intranet or Internet.
buying and selling goods and services electronically; commerce accelerated and enhanced by information technology, especially the Internet, enabling customers, consumers and companies to form powerful new relationships that would not be possible without the enabling technologies
Buying and selling information, products, and/or services via telephone or online networks. The application of technology toward the automation of business transactions.
Electronic Commerce is doing business electronically. This includes the sharing of standardised unstructured or structured business information by any electronic means. EDI
Transacting business in an electronic form. It increasingly involves transactions over the Internet, but also includes things such as electronic funds transfers and Electronic Data Interchange (EDI). E-commerce has the potential to create new efficiencies for business, provide better product and pricing choice for consumers, and contribute substantially to economic growth.
All commercial and non-commercial activities facilitated through the use of information technology and network technologies, such as the Internet, intranets and extranets.
Conducting business on-line. This includes, for example, buying and selling products with digital cash and via Electronic Data Interchange (EDI).7 A more formal definition of electronic commerce is commercial activity that takes place by digital processes over a computer network, usually the Internet, between and among entities in the private sector, government institutions, and/or members of the public. These activities generally involve the electronic exchange of information to acquire or provide products or services, to place or receive orders, to provide or obtain information, and to complete financial transactions.
commercial activities that are carried out through electronic networks including the promotion, marketing, sale, order and delivery of goods or services.
(e‑commerce) Doing business electronically across the extended enterprise. According to centre UK, it covers 'any form of business or administrative transaction or information exchange that is executed using any information and communications technology. This embraces business‑to‑ business; business‑to ‑consumer; and government‑toriation; as well as exchange tools like the Internet and World Wide Web, intranets, extranets, electronic mail and electronic data interchange.'
The end-to-end digital exchange of all information needed to conduct business. Examples include EDI transactions, electronic mail, archives, audit trails, and all forms of records, including graphical images.
The application of e-mail, EDI, electronic funds transfer, and other information-sharing technologies to conduct business online.
Use of electronic means to conduct commerce between trading partners. Electronic commerce offers companies the opportunity to exchange, electronically, data and services. These can include product information, orders, payments, e-mail messages, supply chain management for inventory, distribution and ware housng, tracking of shipments, and instructions. Often referred to as e-business.
Electronic commerce refers to commerce on a web site. It can be as simple as a message to request that users call to order, or as complex as a secure system that processes credit card payments.
All business transactions that are conducted by electronic means.
In its broadest sense, all commercial activities conducted over computer networks such as the Internet, including e-mail and the promotion and sale of products and services. In its narrowest sense, electronic commerce designates the sale of products and services over the Internet via credit card or electronic fund transfer.
the activity of buying and selling of goods and services over the Internet
A term used to refer to the collection of electronic tools used in business. It includes EDI, EFT, Mail enabled applications, the Internet and more.
Conducting business electronically instead of using paper.
A method to conduct, manage and execute business related transactions using computer and telecommunications technology.
Also called ecommerce, this refers to the buying or selling of products electronically.
Electronic commerce is the conducting of business transactions via remote electronic means.
A range of online business activities that includes explaining products and services and providing a mechanism for customers to buy those products and services from a web site. E-commerce encompasses online shopping and online purchasing.
The act of the buying and selling of goods and services on the Internet, especially the World Wide Web.
The use of communication technologies to transmit business information and transact business. Taking an order over the telephone is a simple form of EC. Internet commerce is also EC, but is only one of several advanced forms of EC that use technology integrated applications and business processes to link enterprises. [47
A way of doing real-time business transactions via the Internet using any combination of technologies designed to exchange data (such as EDI or e-mail), access data (such as shared databases or electronic bulletin boards) and capture date (through bar coding and magnetic or optical character readers).
Electronic Commerce, or E-Commerce, provides credit card clearinghouse functionality within the Web site, for a full transaction from customer order to payment processing. Allows Web site customers to sell products and services online and accept payment at the same time.
The conduct of business communications and management through electronic methods, such as electronic data interchange and automated data collection systems.
Business transactions conducted by electronic means other than conventional telephone service, e.g., facsimile or electronic mail (E-mail).
Purchasing or funds transfer over the Internet, generally using secure technology to prevent information from being "stolen" from network packets. Examples would be a consumer-to-merchant credit card purchase or Electronic Data Interchange.
The sale of products such as insurance over the Internet.
Business transactions through electronic networks.
Companies and individuals conduct electronic commerce on the Internet, buying and selling information, products and services. The corporate e-commerce market totals 20 trillion yen in the U.S. alone, while the Ministry of International Trade and Industry estimates Japan's market at about 8.6 trillion yen. Corporate trading partners exchange complex encryption codes to check identities before concluding transactions. The risk of code alteration or fraudulent use is extremely low, as it would take 1,000 supercomputers about 240,000 years to break the codes. Authentication for e-commerce works as follows. First, a company applies to the Ministry of Justice and a government-affiliated verification center for authentication. These two entities then exchange corporate data with a private verification body, and give a certificate of verification to the company. That company's prospective trading partners check with the ministry and the verification center about the company's e-authenticity. The two entities provide confirmation. Then, the company sends verification data and transaction information to the potential business partner.
The ability of a person to conduct business electronically over the Internet.
Refers to the ability to sell products through your Web site
Business conducted via the World Wide Web.
Transactions that are conducted over an electronic network where the buyer and merchant are not at the same physical location, e.g. plastic card transactions via the Internet.
A system of integrated communications, data management, and security services that allow business applications within different organizations to automatically interchange information.
The handling of formal transactions over electronic networks, often directly computer to computer. Early electronic commerce took place over proprietary networks using EDI (Electronic Data Interchange), but the scope is now consider wider including trading over open networks such as the Internet (see Internet Commerce). Similar to, but narrower in scope than teletrade (see definition above)
A term given to all types of transactions that are conducted using digitally-transmitted data methods.
The exchange of goods, services and fiduciary information or instruments via distributed computer and communication networks.
Buying and selling over the Internet; usually abbreviated to e-Commerce.
is the use of any form of electronic communication technology, such as the Internet, bar coding etc to communicate and conduct functions and transactions enabling commercial activities with your business.
features: E-commerce - get connected or get forgotten E-commerce levels the playing field Going multilingual - with technology's help related index entries: B2B - Business-to-Business B2C - Business-to-Consumer DISINTERMEDIATION EDI - Electronic Data Interchange M-COMMERCE or MOBILE COMMERCE
A system used to conduct business transactions of buying and selling goods and services over a computer network.
Commercial activity that takes place by means of connected computers. Electronic commerce can occur between a user and a vendor through an online information service or the Internet.
Consumer and business transactions conducted over a network, using computers and telecommunications.
The trading of goods and services using digital media.
Conducting of business using computer networks, including the buying and selling of products and services via the Internet.
Also known as e-commerce; this term refers to sales or other business transactions over the internet or private networks.
Is the integration of electronic mail, Electronic Funds Transfer (EFT), Electronic Data Interchange (EDI), and similar techniques into a comprehensive, electronic-based system encompassing business functions such as procurement, payment, supply management, transportation and facility operations. Features of EDI: 1) paper-less, 2) automation interpretation and re-keying of data, 3) standard format, 4) non-proprietary.
The use of communications technology for business transactions and activities.
a commercial activity that involves buying, selling, leasing, licensing or otherwise providing a good or service online, including over the Internet. This includes marketing as well as soliciting donations and operating contests and clubs.
The exchange of business information by electronic means.
The transacting of business electronically rather than via paper.
The integration of communications, data management, and security capabilities, to allow organizations to exchange information related tot the sale of goods and services.
A way to conduct business transactions such as buying or selling goods and services online or over a computer network.
A system of integrated communications, data management, and security services that allows businesses interact online and interchange information.
Often referred to as simply e-commerce, business that is conducted over the Internet using any of the applications that rely on the Internet, such as e-mail, instant messaging, shopping carts, Web services, and FTP, among others. Electronic commerce can be between two businesses transmitting funds, goods, services and/or data or between a business and a customer.
Sale of goods or services over the Internet.
(e-commerce) The standards and methods by which organizations and consumers interact and conduct business transactions over a secure Internet connection.
Allows Website customers to sell products and services online and accept payment at the same time, usually through a cgi-script of some kind.
General description of business transactions made over data networks. This includes ordering goods via the Internet as well as the contact between individual companies. Above all, eCommerce offers three advantages: it combines different value-added chains, accelerates sequences of events as a result of improved communication and, therefore, increases efficiency. The expanded expression 'Electronic Business' is often used to incorporate internal applications such as Intranets or Extranets.
Business transactions conducted over the Internet.
The use of computer and telecommunication technologies to conduct business via electronic transfer of data and documents.
Electronic commerce includes buying and selling over the World-Wide Web and the Internet, electronic funds transfer, smart cards, digital cash (e.g. Mondex), and all other ways of doing business over digital networks.
Buying and selling of capital goods and services on a computerized network, such as the World Wide Web.
See on: Wikipedia Investopedia Electronic commerce, e-commerce or ecommerce consists primarily of the distributing, buying, selling, marketing, and servicing of products or services over electronic systems such as the Internet and other computer networks.
Is defined by the UN/CEFACT as any business that is effected electronically. This includes the sharing of standardised unstructured or structured business information by any electronic means (such as electronic mail or messaging, internet technology, electronic bulletin boards, smart cards, electronic funds transfers, electronic data interchange, and automatic data capture technology) among suppliers, customers, governmental bodies and other partners in order to conduct and execute transactions in business, administrative and consumer activities.
Electronic Commerce (also referred to as EC, e-commerce or ecommerce) consists primarily of the distributing, buying, selling, marketing and servicing of products or services over electronic system such as the Internet and other computer networks. The information technology industry might see it as an electronic business application aimed at commercial transactions; in this context, it can involve electronic funds transfer, supply chain management, e-marketing, online marketing, online transaction processing, electronic data interchange (EDI), automated inventory management systems, and automated data collection systems. Electronic commerce typically uses electronic communications technology of the World Wide Web, at some point in the transaction's lifecycle, although of course electronic commerce frequently depends on computer technologies other than the World Wide Web, such as databases, and e-mail, and on other non-computer technologies, such as transportation for physical goods sold via e-commerce.