Legal Glossary

Definition of Ecommerce

E-commerce, or electronic commerce, is the process of buying and selling products or services through digital networks.

This type of commerce typically takes place via an online platform such as a website, mobile app, or social media page.

It includes activities such as selling and receiving payments for goods, transferring money between buyers and sellers, and managing orders.

E-commerce has been rapidly growing in recent years due to the convenience and accessibility it offers consumers – allowing them to shop from the comfort of their own home or device without needing to visit a physical store.

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