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Internationalization Glossary OER-CRAFTS

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INTERNATIONALIZATION GLOSSARY

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ECOMMERCE
BASIC LEGAL AND REGULATORY ISSUES

It stands for Electronic Commerce and it consists of the exchange of goods and services through the Internet. It can also be referred to as online shopping and it has increased rapidly in the past years due to in general terms, the growing use of new technologies, greater convenience for end consumers and other businesses, lower prices, as it does not need premises and the vast wide range of products that can be purchased online. Not mentioning the fact that an online shop is opened 24/7 all year around.