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Introduction What is E-Commerce? Electronic commerce (e-commerce) is an extension of traditional commerce, which is concerned with the activities of business, industry and trade, including nominally, the exchange of goods, services, information and money. E-commerce is the projection of one's business into cyberspace. By business, it includes traditional business, individual consumers, household business, non-profit organizations, local and national governments. Modern day e-commerce is not restricted to any particular scale due to the absence of a global boundary. Central to understanding e-commerce is an appreciation for the unprecedented growth of the Internet and the World Wide Web (WWW). In an analogy to describe how traditional commerce relates to e-commerce present today, the Greek agora, the Persian bazaar or the Elizabethan market-faire, all from the past, provide valuable hints for understanding the high-tech e-commerce of today. Though from different cultures and periods in world history, commerce happened in the agora, bazaar or market-faire. People gathered...

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