E-Commerce or eCommerce, is the trading or facilitation of trading in products or services using computer networks, such as the Internet or online social networks. Electronic commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. Modern electronic commerce typically uses the World Wide Web for at least one part of the transaction’s life cycle although it may also use other technologies such as e-mail. Thank you Wikipedia for the definition. eCommerce is the functionality of sending and receiving your funds after a purchase directly from one bank account to the other electronically and quickly. This allows you to have an online store and sell your merchandise/ downloadable products and virtual products in places you wouldn’t normally be able to thus broadening your market and the exchange is almost instant.