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An INSIDE Analysis of Credit Card Processing and the Payment Industry
Understanding the Payment Industry is a tough task. Merchants are faced with confusing statements, hundreds of various payment processing fees, and numerous processing options offered by Merchant Service Providers, Payment Gateways, and other payment processing entities. The PAYMENTINSIDER provides articles, posts, and whitepapers on the Payment Industry, including this article, E-Commerce Overview, with the goal of creating transparency in this marketplace.

E-Commerce Overview

Electronic commerce, commonly known as E-commerce or eCommerce, is a term for any type of business, or commercial transaction that involves the transfer of information using computer networks, such as the Internet. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. It covers a wide range of business types, from consumer based … Read More »