E-commerce refers to the buying and selling of goods and services and the transfer of funds through digital channels like the internet. There are several types of e-commerce models including business-to-business (B2B), business-to-consumer (B2C), business-to-government (B2G), consumer-to-consumer (C2C), government-to-consumer (G2C), and government-to-business (G2B). The e-commerce process typically involves a consumer browsing a merchant's website, selecting items to purchase, providing payment and delivery details, receiving an order confirmation, and having the order processed and fulfilled.