E-Commerce – a New World-Wide Commerce
E-Commerce – a New World-Wide Commerce

Summary/Abstract: The paper is dedicated to the impact of e-commerce upon our society. After presenting the importance of Internet as a new information and communication medium, consequently as a support for e-commerce, we present the main functioning principles of electronic commerce. Specialized firms offer on-line services for bill-payment, as well as credit, debit and cash transactions not only within private banking networks, but also over the Internet. In this respect, there arise particular security problems, which are being solved mainly by encryption techniques; all the software systems that assist electronic transactions implement data security procedures. We consider that in the future e-commerce will rapidly grow in importance and will become an opportunity for less developed countries to compete, with better chances, in this global economy.

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