International Journal of Transformations in Business Management

International Peer Reviewed (Refereed), Open Access Research Journal

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Abstract

Empirical Analysis of Legal and Regulatory Framework for E-Commerce

Dr. Bhupender Singh

Associate Professor, Dept. of Commerce Bareilly College, Bareilly, M.J.P. Rohilkhand University Bareilly (U.P.)

43-51 Vol: 3, Issue: 4, 2013
Receiving Date: 2013-09-12
Acceptance Date: 2013-10-11
Publication Date: 2013-11-10
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Abstract

Electronic commerce related to online transactions. Electronic commerce offers consumers a set of benefits such as low cost, wide variety of options, time savings and product availability. The general category of electronic commerce can be divided into two parts: electronic: electronic finance. Electronic commerce involves conducting business using modern means of communication such as telephone, fax, electronic payment, remittance sending systems, electronic data exchange and the Internet. This is a review of several studies conducted in electronic commerce. This document analyzes the various opportunities of electronic commerce. This report provides an overview of the general e-commerce industry in India from 2007 to 2011. This white paper highlights the main challenges and opportunities that the Indian e-commerce industry will face in the coming years.

Keywords: E-merchandise; E-finance; E-payment; Money transfer systems; E-data interchange

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