Distinguish between E- Banking and E- commerce
Answers
Explanation:
Talking of differences between e banking and e commerce, it is clear that e banking is the tool that makes people get to their money and account in a fast and easy manner whereas e commerce is a tool that allows not only companies to transact business with each other but also to buy and sell products and services using
E banking E commerce
it is a superset It is a subset of
of ecommerce. e-banking
it includes all kinds It involves buying and
of resale and post-sale selling of products
effort. and services
It is broader concepts. It is narrow concept
B2B transaction. B2c transaction
it involves use of internet,. Mandatory use of
intranet, and extranet. internet