History of E-commerce

E-Commerce applications have said to have begun in the early 1970s with such innovations as electronic transfer of funds (ETF). However, it is believed that the applications were limited to large corporations and a few daring small businesses. Then came the electronic data interchange (EDI), which added other kinds of transaction processing and extended participation to all industries. In the mid- 1980s a deferent type of electronic commerce technology spread among consumers in on line services that provide a new way of social interaction
In early 1990s the World Wide Web came with a new method of E-Commerce by providing an easy-to-use technology solution to the information publishing and dissemination. The applications rapidly expanded in the 1990s since the commercialization of the Internet and the introduction of the web.