International Journal of Computer Applications |
Foundation of Computer Science (FCS), NY, USA |
Volume 177 - Number 42 |
Year of Publication: 2020 |
Authors: Farhad Alam, Manavver Ali |
10.5120/ijca2020919920 |
Farhad Alam, Manavver Ali . E-Commerce Benefits, Challenges and Growth in India. International Journal of Computer Applications. 177, 42 ( Mar 2020), 1-7. DOI=10.5120/ijca2020919920
E-commerce (electronic-commerce) is a business-method between sellers-and-buyers to exchange “goods” and “services” uses electronics network to process cash, frequently and no obstacle of time-duration and distance. Demands of online business is growing continuously since around ten years and is likely to proceed and even growin at this pace. In the near future, the boundaries between "traditional" and "electronic" commerce will turn out to be increasingly blurred and day to day many organizations pass parts of their activities over the internet. The e-commerce area in India is growing very fast due to the excessive penetration of web and superior digital devices. However, the current growthof e-commerce in India is still steps behind than that o other developed countries. The great benefits-of-e-commerce reduces the geographical boundaries, attracts new clients very easily and quick by uses of any search engines reduces preservation and Rental costs, increasing sales day to day, full-size business reach, simplified ordinary payments, direct transactions via net banking, credit card and debit card etc. nevertheless there are dealing with many fundamental troubles and challenges of online seller and buyer routes. Fraudulent is the biggest problem in online money processing and its increasing day-to-day. There are many types of fraud like phishing, identity theft, pagejacking, advanced fee and wire transfer frauds, merchant identity fraud etc.