History Of E-Commerce:
• In 1950’s companies began to use computers to store and process internal transaction records
• By 1960’s businesses that engaged large volume of transaction had began exchanging transaction information on punched card
• In 1968 Transportation Data Co-ordination Committee (TDCC ) was formed by some companies
• In 1979 ANSI (American National Standards Institute) chattered a new committee to develop uniform EDI (Electron Data Interchange)
• In 1987 UN publish its first standards under the title EDI
Traditional and Electronics Business Transaction:
The business process is broadly divided into five main categories namely:
• Market product and services
• Sell and deliver products and services
• Process payments
• Manage relationship
• Manage the enterprise
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