Give three examples of e-commerce

1.Electronic payments: When we are buying goods online, there needs to be a mechanism to pay online too. That is where the payment processors and payment gateways come into the picture. Electronic payments reduce the inefficiency associated with writing the Cheque books. It also does away with many of the safety issues that arise due to the payments made in currency notes.
2.Online shopping
Online Shopping occurs when a customer buys through a digital platform.
If you buy something online from, for example, retail giant Amazon, you are online shopping.
3.Internet Banking
We also call it online banking. Nearly all banks today offer services through their website.
We can transfer money, apply for an overdraft facility, and pay off our credit cards online. An overdraft facility is an arrangement with the bank in which your account may be in debit.
We can also apply for loans and even mortgages on some websites.
4.Purchasing tickets online
This E-commerce service helps consumers purchase tickets for concerts and movies. We can even buy bus, subway (UK: underground) and train tickets online.
There is no need go to a ticket office and stand in line. We can purchase the tickets online from the comfort of our homes.
5.Online Auctions
People can place bids and acquire products at competitive prices online.

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Titany answered the question on September 23, 2021 at 05:30