Electronic commerce, more commonly known as e-commerce, is the pre-eminent buzzword of the online business revolution. It captures the excitement and focus of this fast emerging market. E-commerce systems replace all or key parts of paper-based workflow with faster, cheaper, more efficient, and more reliable communications between machines.
In the 1960's, e-commerce had already begun its evolution from concept to mega-business reality.
In 1970’s, the newly introduced Electronic Data Interchange (EDI) or Electronic Funds Transfer (EFT) allowed companies to do business over a private computer network, although at first there was no electronic protocol. However, in 1984 EDI was standardized through ASC X12. This guaranteed that companies were become stable and reliable in stable and reliable in to complete transactions with one another reliably.
Tim Berners-Lee wrote the first web browser program and invented the World Wide Web (WWW) in 1990. WWW, the Internet's client-server, opened up a new age by combining the open Internet and the easy user interface. The year 1991 was also a pivotal year. Before 1991, commercial enterprise on the internet was strictly prohibited.
In 1994, in Internet began to become popular worldwide. In this year Netscape arrived. Giving general consumer a simple browser to surf the Internet and a safe online transaction technology called Secure Sockets Layer.In 1995, two of the biggest names in e-commerce are launched: 
- Jeff Bezos launches Amazon.com and the first commercial-free 24 hour, internet-only radio stations, Radio HK and Net Radio start broadcasting.
- EBay is founded by computer programmer Pierre Omidyar as Auction Web and shopping website in which business and consumer buy and sell a broad variety goods and services worldwide.
In 1998, security protocols and DSL or Digital Subscriber Line were introduced, allowing continual connection to the Internet. In January 2000, AOL or American On-Line and Time Warner announced their merger, worth over $350 million. In February 2000, many e-commerce titans including yahoo.com, amazon.com, buy.com, and e-bay.com were attacked by computer hackers. The attacks raised concerns about the security of shopping online, which the industry responded to with (obvious) security upgrades. However, e-commerce was still there to stay.
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