News Contact
Web Development Design UK USA India, Web Software Applications Development Programming Contact Custom Web Software Developers Programming Company India Contact Web Software Development Company Call Request For Web Software Development Programming RFI RFP RFQ Web Development Design UK USA India, Web Software Applications Development Programming Contact website development and web design company, advanced portal development UK USA Site Map: Internet applications to discover your NET potential
     


O
rigin of E-commerce

E-commerce or electronic commerce is defined as the complete set of processes that support commercial or business activities on a network i.e. they help in carrying out commercial transactions electronically.

E-commerce utilizes technologies like Electronic Data Interchange (EDI) and Electronic Funds transfer (EFT) which where introduced in the late 1970s to send commercial documents like purchase orders or invoices electronically. Hence, we can safely say that E-commerce originated during the same time period.

Credit cards, ATMs (Automated Teller Machines), telephone banking, information analysis etc during the 1980s time period were different types of E-commerce. With advancement, it also included Web Commerce activities dealing with the purchase of goods and service over the World Wide Web through secure servers with shopping carts and electronic payment services. Secure servers were consisted of HTTPS a server protocol which encrypts confidential ordering data for customer protection.

The web world developed to a great extent by 1994, at the same time e-commerce was predicted as a potential economic sector. However, it took about 4 years for E-commerce to finally make its mark. Consequently, most of the businesses in the USA and the Western Europe developed simple websites during 1998 to 2000.

The dot com collapse in 2000 -2001 affected many pure E-commerce companies badly. Upcoming retailers realizing the capacity of E-commerce niche markets had began to add the E -commerce capabilities to their websites.

E-commerce has become an integral part of any company's long term corporate strategy in cost containment, maintaining and winning market shares in global markets.

This article has been compiled by the content development team at Pegasus InfoCorp which pulls subject matter specialists from different work domains. They can be contacted through the Pegasus InfoCorp website at info@pegasusinfocorp.com. Pegasus InfoCorp is an India based web design, web development and online/ offline software development company. Please visit http://www.pegasusinfocorp.com to read more articles and know more about us!

Other companies and organizations are welcome to reprint this article on their websites provided the following conditions are met.

  • The article is not changed in any manner
  • The article is copied as is in its entirety (including back links to the Pegasus InfoCorp website).
  • The company/ organization reprinting the article agrees to defend, indemnify and hold harmless Pegasus InfoCorp, its employees, directors, officers, agents, partners and their successors and assigns from and against any and all liabilities, damages, losses, costs and expenses, including attorney's fees, caused by or arising out of claims based upon the use of the article, including any claim of libel, defamation, violation of rights of privacy or publicity, loss of service by subscribers and infringement of intellectual property or other rights.
 
development web development site web , design development web , development ecommerce site web , design development site web
 
development mysql php web , agile development rails web , company development web , development page web , application, development free site web , custom development ecommerce site web , development portal web , dallas development site web , Articles
 development web , development hosting site web , development india web , company development site web , development ireland Blogs
columbus development web , development manchester web , affordable design development site web , application development site web , columbus development site web, web , business development site small web , design development ecommerce site web , development services web , computer India Info
   
   
 
design development internet web , development tool web , design development toronto web , atlanta design development web ,
 
development toronto web , business development site web , development ecommerce web , custom development web , company Home
development india web , development promotion site web , development software web , development india site web , application Featured Clients
development india web , development enjoying tapestry web , development seattle web , development site software web , Why Choose Pegasus ?
database development web , commerce development e site web , development professional site web , business development web , Services
columbus development ohio site web , buford design development web , 3 component development web zope , application custom Solutions
development web , development perth web , development estate real site web , application development eclipse java web , Contact Us
corporate development web , development master web , content development site web , development services site web , Site Map
 
development seo web , development shanghai web , alpharetta design development web , development perth site web , development
 
design development site web wisconsin , custom development site web , development indianapolis site web , development Rupali
professional web , development indiana site web , cyprus development web , development seo site web , business development  Port of Mundra
small web , design development site software web , development firm web , development malta web , development florida web , Aus RFID
 columbus development ohio web , development houston site web , development vancouver web , development site web yahoo , Planet Bombay
development wales web , development houston web , atlanta development web , development page software web , design Marlex
development internet web , development internet marketing services web , development site toronto web , apache development ICUIL
perl web , development engine friendly search web , company development toronto web , corporate development site web , county Steinmetz
development orange web , development javaserver page web , blog development site web web , design development hosting web , Smart Fashions
 
Read More
>>
 
 
© 2007, Pegasus InfoCorp Pvt. Ltd. All Rights Reserved. Install Shockwave Flash™