Electronic Commerce is a means of businesses to handle transactions electronically. Time and money are saved by this system. Responses are nearly instantaneous and paper is not needed. No Mailing is needed and writing orders is not necessary. EC is not a new idea though. Forms of EC include direct deposit, ATMs, and EDI. The potential is great for businesses to further develop this idea to reach more customers across the globe while maintaining the satisfaction of their current customers also.
A good source to learn more about Electronic Commerce can be found at ECnet. Another source which describes a basic design behind Electronic Commerce can be found at Computerworld. Current topics pertaining to EC and forums is located at Electronic Commerce.