Card image cap
THE BASIC MODELS OF E-COMMERCE
61
0

E- commerce can be defined as financial business transaction that occurs over computer network for instance the internet.

E-commerce needs secure, efficient and effective banking system for safe transactions at both ends. Various forms of digital payments can be used like :
• Bank accounts

• Credit cards

• Google pay

All these are digital and secure forms of payments.
E-commerce occurs in three main forms.

1. Business to consumer (B2C).
This includes sale of goods to the general public.

2. Business to business (B2B).
This is when one business sells goods to another business, whole sales much occur here.

3. Consumer to consumer (C2C).
Here a consumer sells direct to another consumer.

How do you vote?

Card image cap