Electronic Commerce Technologies Management

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Author(s): Shawren Singh (University of South Africa, South Africa)
Copyright: 2005
Pages: 5
Source title: Encyclopedia of Multimedia Technology and Networking
Source Author(s)/Editor(s): Margherita Pagani (Bocconi University, Italy)
DOI: 10.4018/978-1-59140-561-0.ch039

Keywords: Information Science Reference / Media & Communications / Multimedia Technology

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Abstract

The first e-commerce (EC) applications were started 30 years ago, in the early 1970s. The original applications were in the form of electronic fund transfers (EFT). These applications were limited to larger corporations and financial institutions (Turban, Lee, King & Chung, 2000). This type of transaction later included electronic data interchange (EDI). There is a marked difference between EDI and EC in that EC involves much more than EDI (Greenstein & Feinman, 2000).

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