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"Global business-to-consumer e-commerce sales will pass the 1 trillion euro ($1.25 trillion) mark by 2013, and the total number of Internet users will increase to approximately 3.5 billion from around 2.2 billion at the end of 2011, according to a new report by the Interactive Media in Retail Group (IMRG), a U.K. online retail trade organization.
The study estimates that business-to-consumer e-commerce sales in 2011 increased to 690 billion Euros ($961 billion), an increase of close to 20% from a year earlier." (Montaqim, 2012) .
Accoridng to what the author said , e-commerce has entered a stage of rapid and sustained development. It is continuously evolving and growing as time passes, and industry predicts more success and spread in the future. A large number of business models have been enabled by it. After a few years, e-commerce will have a large scale in the global and all people around the world will resort to it. As a result, it will occupy a huge part of the Internet.
A number of questions have been and will be posed. All of these questions will require further experimentation, experience, observation, analysis, and research. [
The method(s) of payment for online consumers are A) Electronic cash (B) Credit/debit C) Electronic checks
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