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E-commerce Act
What is an electronic commerce?
Electronic Commerce refers to transactions which are done inside the internet such as
buying and selling of goods and services. It also includes money transfers, paying of bills and
other business arrangements.
What is the most prevalent example of electronic commerce?
One of the most prevalent example of electronic commerce is the Business to Consumer
model or B2C which facilitates online platforms that will allow buyers and sellers to meet using
third party applications such as Shopee, Lazada, Zalora, etc. These provides ease and
convenience to both buyers and sellers in buying and selling of goods and services.