Advantages of Ecommerce
* Faster buying/selling procedure, as well as easy to find products.
* Buying/selling 24/7.
* More reach to customers, there is no theoretical geographic limitations.
* Low operational costs and better quality of services.
* No need of physical company set-ups.
* Easy to start and manage a business.
* Customers can easily select products from different providers without moving around physically.
Disadvantages of Ecommerce
* Any one, good or bad, can easily start a business. And there are many bad sites which eat up customers’ money.
* There is no guarantee of product quality.
* Mechanical failures can cause unpredictable effects on the total processes.
* As there is minimum chance of direct customer to company interactions, customer loyalty is always on a check.
* There are many hackers who look for opportunities, and thus an ecommerce site, service, payment gateways, all are always prone to attack.
Innovative global online payment
company with a diverse range of products and services