Key Subsectors by Transaction Type Sectors Overview
• Transactions or commerce conducted between businesses, where one business supplies another with products or services. • Around 80% of the total share of transactions is comprised of B2B transactions.
B2B
• Transactions or commerce conducted between businesses, where one business sells products or services to another business. • Ecommerce allows organizations to constantly conduct business throughapps and digital marketplaces.
B2C
• C2C Commerce consists of the transactions taking place between two or more customers. For example, the exchange of used books or clothes. • Ecommerce creates more opportunities for individual sellers and buyers with unique interests.
C2C
• Transactions among various departments and persons within a single organization, like procurement, inventory management, or employee purchasing. • Virtual Private Network technologies bolster the security of an organization’s network and enable accessibility for remote employees.
Intra-Bcommerce
Source: geeksforgeeks
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