Electronic commerce or ecommerce is a term for any type of business, or commercial transaction, that involves the transfer of information using the internet. Ecommerce covers an array of different business types ranging from consumer based retail sites, auction or music sites, business exchanges, trading goods and services among corporations etc. Today, ecommerce is one of the most important and prominent aspect to the emergence of internet.
Ecommerce enables the consumers to exchange goods and services electronically without any barriers of time or distance. Electronic commerce has expanded rapidly over the past five years and is predicted to continue at this rate, or even accelerate. In coming times the boundaries between "conventional" and "electronic" commerce will become increasingly blurred as more and more businesses move sections of their operations onto the Internet.