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The use of electronic commerce by business in developed countries has grown considerably in the past few years. This paper examines how e-commerce applications, issues, challenges, new trends, strategies. The findings from this paper demonstrate both the challenges face in using e-commerce in developing countries and the opportunities emerging from this new Internet platform for development.
E-commerce stands for electronic commerce. E-commerce is improving standard among the business community in worlds, about the opportunities offered by E-commerce. E-commerce as part of the information technology revolution became widely used in the world trade in general and Indian economy in particular. With advancements in technology, there have been many changes has been occupied. Indian banks have been playing an essential role with the e-commerce. Present scenario Banks are facing many issues and challenges by the ecommerce.
In the backdrop of all these developments the present paper makes an attempt to, highlight the challenges of e-commerce in Indian banks, and to understand the issues of e-commerce in Indian banks. It raises key challenges that are being faced by consumers relating to ecommerce Ethical issues. Finally many companies, organizations, and communities in India are beginning to take advantage of the potential of e-commerce; critical challenges remain to be overcome before e-commerce would become an asset for common people.
