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E-Commerce or Electronics Commerce is a methodology of modern business, which addresses the need of business organizations, vendors and customers to reduce cost and improve the quality of goods and services while increasing the speed of delivery. Ecommerce refers to the paperless exchange of business information using the following ways − 1- Electronic Data Interchange (EDI) 2- Electronic Mail (e-mail) 3- Electronic Bulletin Boards 4- Electronic Fund Transfer (EFT) 5- Other Network-based technologies