Buy custom e-commerce an Introduction
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| Topic: |
Business
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| Number of pages / Number of words: |
10 / 2578 |
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(Edwards, 1998)
History of E-commerce
Electronic commerce was built on a foundation that was started more than 125 years ago with Western Union's money transfer as an example of telegraph technology. In the early 1900's the advent of credit cards as a payment system revolutionized the process of automated commerce functions...
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In the mid 1980's the introduction of the ATM card was the latest improvement to electronic commerce. The Internet was conceived in 1969 when the Department of Defense began funding the research of computer networking. The Internet, as a means for commerce, did not become reality until the 1990's. Before this time, it was mainly a tool for the army, and a research device for some American universities...
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