
E-Commerce is about setting your business on the Internet, allowing visitors to access your website, and go through a virtual catalog of your products / services online. When a visitor wants to buy something he/she likes, they merely, "add" it to their virtual shopping basket. Items in the virtual shopping basket can be added or deleted, and when you're all set to checkout...you head to the virtual checkout counter, which has your complete total, and will ask you for your name, address etc. and method of payment. Once you have entered all this information you can then just wait for delivery. It’s that simple!
Whether you are looking to reach new customers, expand hours of operation, or compete with larger organizations, online selling can provide a potent advantage.
E-commerce system makes it easy to build an interactive storefront for all of your products. It involves multiple transactions or the transfer of payment information across a secure Internet connection in exchange for goods and services.
How it Works?| This is a brief idea on how E-Commerce or E-Commerce web sites work, depicting the entire process of accepting order and payment online. A website that accepts credit cards, debit cards and electronic checks as online payment mechanisms, operate as depicted below. |
| Typically, what you need to set up E-Commerce for your website is a Shopping Cart Program, a Payment Gateway Account, a Secure Socket Layer Certificate and an Internet Merchant Account. |
Customer / Shopper --> E-Business Website --> Payment Gateway --> Shopping cart / Software --> Merchant Account / Bank
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