E-commerce

The processes by which enterprises conduct business electronically with their customers, suppliers and other external business partners, using the Internet as an enabling technology Scope Note: E-commerce encompasses both business-to-business (B2B) and business-to-consumer (B2C) e-commerce models, but does not include existing non-Internet e-commerce methods based on private networks such as electronic data interchange (EDI) and Society for Worldwide Interbank Financial Telecommunication (SWIFT).