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E-commerce is an approach to achieving business goals through information technology and is quickly changing the way hospitality business is planned, monitored, and conducted. No longer do buyers and sellers need to engage in interpersonal communications for transactions to occur. The future of transaction processing, which includes cyber cash and digital checking, are directly attributable to e-commerce which provides and efficient, reliable, secure, and effective platform for conducting hospitality business on the web.
Kasavana, Michael L. and Cho, Wonae
"Generating an Online Bottom Line,"
2, Article 6.
Available at: http://digitalcommons.fiu.edu/hospitalityreview/vol16/iss2/6