The changing technological environment has increased activity on the internet and as a result businesses are evolving by taking their products and services to the net. The concept of ecommerce as a result is becoming very popular in the local as well as in the international market. “Simply put, e-commerce is the online transaction of business, featuring linked computer systems of the vendor, host, and buyer.
Electronic transactions involve the transfer of ownership or rights to use a good or service.” (‘What Is E-Commerce?’) Ecommerce essentially can take the form of e-tailing, gathering and using information pertaining ton demographics on the internet, as well as electronic data interchange whereby different business can exchange information with each other through online portals.
The categories of ecommerce take the form of transaction between businesses and consumers, transactions between trading partners, information and data gathering and processing as well as the dissemination of information.
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