Multiple choice

An eCommerce transaction refers to exchange of information by way of ________ for selling and buying between the customer and the seller.

  1. credit cards

  2. debit cards

  3. paperless instructions

  4. All of the above
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

E-Commerce or Electronics Commerce is a methodology of modern business which addresses the need of business organizations, vendors and customers to reduce cost and improve the quality of goods and services while increasing the speed of delivery. E-commerce refers to paperless exchange of business information using ways like, Electronic Data Exchange (EDI), Electronic Mail (e-mail), Electronic Bulletin Boards, etc. 

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