E-Commerce (Online Banking)

 - E-commerce is the sale and purchase of goods and services over electronic systems e.g the Internet

Here are some of the things you can buy through e-commerce:

• Physical items such as books, clothes
• Digital goods such as music from iTunes
• Services such as acces to paid web content e.g Netflix
• Entertainment e.g concert/cinema tickets
• Holidays and hotels can booked completely online

Advantages:

• You can shop any time, night or day, 365 days a year
• There are no heavy bags to carry
• You can easily compare prices between different shops
• You can often get discounts on prices when compared to normal shop prices
• You can buy from shops that you normally do not have access to e;g international sites

Disadvantages

• The item might get damaged in the post and you would have to arrange a replacement
• If the item doesn't arrive, you might still get charged for it
• Security cincerns with personal and credit card details
• It can be expensive and awkward ti return goods