1. Definition of transaction: Online transaction refers to transactions between enterprises (B2B for short), between enterprises and consumers (B2C for short) and between individuals (C2C for short) through network communication in the information network. (Definition Source: China Electronic Commerce Association, Service Specification of Online Trading Platform, April 2005)
The so-called online transaction is actually e-commerce. It uses computer technology, network technology and remote communication technology to realize the electronization, digitalization and networking of the whole business (buying and selling) process. People no longer face to face, look at the real thing and trade by paper documents (including cash). But through the network, through the online dazzling commodity information, perfect logistics distribution system and convenient and safe fund settlement system for trading (buying and selling).
Online trading (e-commerce) is a way of buying and selling by using the most advanced information technology. It is a collection of "modern information technology" and "commerce", which essentially forms a virtual market exchange place. It should be noted that online transactions (e-commerce) cannot be simply understood as e-commerce.
2. The service scope of online transactions: global consumers are the service scope. The penetration of online transactions (e-commerce) includes the participation of the whole society, and its participants are not limited to companies providing high-tech products, such as software companies, industrial and commercial enterprises in the entertainment and information industries. In today's information age, the digital revolution of e-commerce will affect everyone and change people's consumption habits and working methods. The operation mode of "combination of high-tech and tradition" proposed by BIMC has deepened the virtualization of production and consumption management structure, and the world economy has entered the division of labor of "innovation center, operation center, processing center, distribution center and settlement center". The subsequent development is people's digital existence, so online trading (e-commerce) is actually a new way of production and life. Today, online consumers have crossed the boundaries of time and space and achieved a wider range of shopping. People can get news and information, learn about world events and buy everything from daily necessities to books and insurance by entering online e-magazines and newspapers without leaving home or office.