E-commerce is becoming popular in Bangladesh. With better access, coverage and an ever-growing internet population, the prospect for e-Commerce is bright. There are also challenges. A discussion on the pros and cons of e-commerce in Bangladesh is a timely debate.What is e-Commerce? e-Commerce is more than just purchasing and offering things over the Internet. E-commerce is a wider term encompassing electronic trade of business; and information between computers of two or more organizations. The innovative objective of e-Commerce is to coordinate businesses and government agencies, with the capability to correspond with each other through any computer platform.
Digging a bit deeper gives more insight to e-Commerce's future prospect and its impacts on our local economy as well as the e-Commerce stakeholders. The Government of Bangladesh has taken initiatives with a vision towards “Digital Bangladesh” to redefine our internet technology and broadband network. ISPs that offer broadband connections are presently needed to give no less than 1 Mbps.