In the current Information Technology scenario various organizations and firms everywhere the globe are relying heavily on access to information in the electronic medium. The internet is the major source of data in knowledge based societies. The last decade in India has witnessed a significant Information Technology revolution. An example growing use of Internet in an exceedingly very short span of time the utilization of computers at offices and houses has become a reality. In the industrial and banking the performance is measured in terms of processing speed and customer satisfaction with the applying of computer it's become possible to clear the recurring dues like payment for electricity bills, account, shopping bill by instructing the bank for payments from customers account online fund transfer from one account to a different account in the bank has also become possible. In the banks credit card, Debit card, ATM, E-cash, E-cheque it's become possible for purchasers and make a payment or to withdraw cash from the bank around the hour. There are many sorts of e-commerce. Business to Business, Business to Consumer, Consumer to Business and Business to Government E-commerce is “predominantly a business issue, enabled by Information Technology” the power to try to to business electronically has resulted in the development of recent business models at a rapid pace, which models will prevail remains being decided. It’s up to Government to facilitate e-commerce by providing the required infrastructure, providing the fundamental communications connectivity to permit people to access the net. The article is written with object of studying and identifying the influences and the corresponding changes in management process and functional areas concerned to e-commerce, and to check the issues and prospects of Distributors, sellers and customers within the process of E-commerce.

Keywords: E-Commerce, Business, Performance, Online Transactions, Communications.