continues even after the product has

History of e-commerce e-commerce began before personal computers were prevalent and has grown into a multi-billion dollar industry, but where did it come from? By looking at the evolution of e-commerce, it will be easier to judge its trends for the future. Year Event EDI, or electronic data interchange, was standardised through ASC X12.* This guaranteed that companies would be able to complete transactions with one another reliably. ‘Compuserve’ offers online retail products to its customers.

This gives people the first chance to buy things off their computer. Netscape arrived. Providing users a simple browser** to surf the internet and a safe online transaction technology called Secure Sockets Layer.*** Two of the biggest names in e-commerce are launched: Amazon.com and e-Bay dot. com DSL, or Digital Subscriber Line, provides fast, always-on Internet service to subscribers across California.

This prompts people to spend more time, and money, online. Retail spending over the Internet reaches $ billion, according to Business.com. The U.S government extended the moratorium on internet taxes until at least . Source: Glossary of e-commerce Terms, *