electronic commerce

Conducting business online. It is generally accepted that electronic commerce is a class of electronic business, and refers to the transaction of business, and more narrowly the sale and purchase of goods and services, using networked computers. This usually means via the Internet, although electronic commerce may be conducted over private networks or intranets.

Electronic commerce can fall into a number of classifications. Two of the main categories are B2C (business to consumer) and B2B (business to business).