no-1-Ecommerce-platform

1. The term e-trading (or electronic trading) covers a series of systems ranging from simple order transmission service t o full-fledged trade execution. e-trade is location neutral and is scale able that mainly provides electronic order exec uted from users to the system owned by the seller or manufacturer. Electronically distribution of offer with provision of transaction details i.e. description of offer, quality, cost, guarantee, validity, discounts, quantity etc. is carried out through automated trade execution.[2] Most commonly, three categories are well recognized under e-commerce, na mely:[3] (i) Business-to-consumer (B2C) e-commerce: customers deal directly with the organization, avoiding any intermedia ries (ii) Business-to-business (B2B) participants are organizations (iii) Consumer-to-consumer (C2C) participants are individuals, with one serving as the buyer and the other as the sel ler E-commerce is the name given to commerce activities, e.g. sale, purchase, transfer, or exchange of products, service s and/or information, that are conducted using the electronic means and technologies. However, in the general sense e-commerce is simply referred to online transactions. Sometimes the terms e-commerce and e-business are used inte rchangeably but they are distinct concepts involving three and four integrations respectively. E-business is more diff icult as compared to e-commerce. The E-marketplace is one of the forms of e-commerce organizations with online tr ading and online shopping, where buyers and sellers meet to exchange goods, services, money or information or any consideration thereof.[4] E-commerce in Pakistan' was first started in 2001. With the ban of PayPal services in Pakistan, eCommerce business companies and merchants had to rely on cash on delivery, and bank payment methods. There was no dedicated onli ne payment service operating in Pakistan, which was also not favorable for online buyers in Pakistan. However, the need was fulfilled to an extent with the launch of mobile payment systems in Pakistan. In October 2009, Telenor lau nched "Easypaisa" Mobile Account Service through which users could pay bills, transfer money domestically, intern ationally and even can save money in their Easy Paisa Mobile Account.[citation needed] https://www.ekm.com