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E-commerce is a trend of conducting business through the web. It requires the careful planning and integration of a number of technology infrastructure components.

An organization’s transaction processing system (TPS) must support the routine day-to-day activities that occur in the normal course of business and help a company add value to its products and services.

— Business-to-consumer [B2C] e-commerce

— a form of e-commerce in which customers deal directly to the organization, avoiding any intermediaries.

— Business-to-business [B2B] e-commerce

— a form of e-commerce in which the participants are organizations.

— Consumer-to-consumer [C2C] e-commerce

— a form of e-commerce in which the participants are individuals with one serving as the buyer and the seller.

E-commerce is a useful tool for connecting business partners in a virtual supply chain to cut resupply times and reduce cost.

Our facilitator also shared to us about the cash card, cash card is a re-loadable prepaid electronic debit card. Without having to open a deposit account, you can enjoy the security and convenience of an ATM card - withdraw money and pay even without cash.

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