6th October 2011 - Whether it is about talking to the relatives abroad via teleconferencing or availing the comforts of online banking, in how many ways our lives now-a-days are touched by internet technology, it is beyond our contemplation or realization.
Looking around, there will hardly be any area of human lives now which would not have been impacted by such things directly or indirectly. And the term applied to the facility under which all these services are provided is e-commerce, referring to electronic commerce.
The Best Ecommerce Solutions can be called as true revolutions which provided ease of access of facilities to the population across the globe. Initially, around 1970s, the meaning of e-commerce solutions was taken to be confined to assist the commercial transactions by providing electronic access and Electronic Funds Transfer (EFT) was the prime example of that.
The ease of sharing commercial documents like purchase orders or invoices electronically led to a new era in the world of commerce. Very soon, the banking business thrived upon the introduction of e-commerce solutions like credit cards, automated teller machines (ATM) and telephone banking.
On the other hand, travel industry got a new boost when customers relished the concept of online booking of tickets, packages and services, everything possible by just few clicks. Life became much easier with online payment services and very soon many new ideas got incorporated in the existing e-commerce solutions thus enabling this industry to expand at astonishing rates.
Though there have been apprehensions about data integrity and security, various new technologies like encryption of the data managed to remove such fears from customers’ minds and customers enjoyed the intensified price competition among the companies to their benefit, while enjoying the common Ecommerce Solutions business applications related to online subscriptions, newsgroups, online shopping and much more.