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Ecommerce in Bangladesh

1. Introduction When Electronic commerce, commonly known as ‘ecommerce’, is the buying and selling of products or services over electronic systems such as the Internet and other computer networks. Electronic commerce draws on such technologies as 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 at least at one point in the transaction’s life-cycle, although it may encompass a wider range of technologies such as email, mobile devices and telephones as well. Electronic commerce is generally considered to be the sales aspect of ebusiness [1]. It also consists of the exchange of data to facilitate the financing and payment aspects…