E-commerce or E-business is an advanced and new technique of business in which business is operated through internet. In e-commerce, not only can a customer purchase goods and services from home, but a seller can also sell his products across the world with the help of internet. Businessmen also obtain customer opinion regarding their products. Internet provides several opportunities for infrastructure, consumer and value added services.
At present, computer telecommunication and cable TV sector is used on large scale in business. From 1990 on wards, business firms have started using internet facility for advertisement and sales promotion. Network of online shopping has become a large part of commercial activities. In 21st century, immense opportunities and competition is being provided to online businesses. Therefore, cashless transaction is possible through digital payment. Government is also focusing on digital payment by which quality products and services can be provided in less time.
