About electronic commerce and how it has evolved from time back and how it greatly contributes to global trade. the value of transactions done over the net per year, and the security challenges of e-commerce and how they have been tackled. the article also talks of how the e commerce shall be the future driver of global trade.

Electronic commerce or as popularly known as e- commerce is the buying and selling of goods over the Internet. Recent advances have led to e-commerce to include the provision of services such as :academic paper writing, proposal writing , financial consultancy , and much more.

With advances in technology in recent times , a phenomenal growth has been witnessed in the field of electronic commerce. Most of the global transactions are fast moving away from the manual paper based transactions to the electronic paperless format. This in turn has led to the cutting down of costs and time in the execution of critical transactions.

E-commerce systems came into being or rather evolved with the development of the Internet from a tool of small utility to a tool of wide spread use such as in the field of communication and transactions. Due to this advances in the field of information communication technology one can make a purchase from the comfort of his office with out moving an inch all you have to do is to click and type in a few details.

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Transactions in the world of e-commerce globally are said to run to the tune of eight trillion dollars per annum With such large sums of cash being handled on the Internet , the security question arises. Vast measures have been taken to make sure that all the transactions of customers are secure via the use of the on line server used in these type of transactions. Shoppers are guaranteed of security while buying items on the net due to the use of technology such as encryption. This is the use of random numbers to create security. The maths in the encryption is so complex, that no fraudster can be bale to beat the system and commit fraud.

This technology also protects the privacy of the shoppers from other persons who are not part of the transaction. A shopper shopping on line can also get the benefit of not having to move from his comfort zone to have what he has bought brought to him. The company arranges for the delivery of the items to the shoppers place.

Seamless connectivity is also vital in the management of on line commerce, the process from the purchase , to the billing right to the shipping has to work with ruthless precision so as to ensure client satisfaction.

IT practitioners world wide do concur that e-commerce is the future method of global trade.