E-commerce or what is popularly known as electronic commerce is a kind of system that involves the selling and buying of various products and services through the World Wide Web or other related electronic systems and computer networks. As the Internet is gaining wide popularity and appreciation, the business of e-commerce has gained extraordinary place as well. With the introduction of e-commerce, numerous business- related transactions and activities are performed on a wide scale including Internet marketing, inventory management, transfer of electronic funds, processing of online transactions among various others. Electronic commerce is also commonly taken as the sales feature of electronic business, and consists of exchanging data in order to facilitate payments and other monetary aspects of business transactions.

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