Remove 2005 Remove Digital Currency Remove Payment Services
article thumbnail

The History of Ecommerce: What The Past Says About Tomorrow’s Retail Challenges

BigCommerce

Essentially, ecommerce (or electronic commerce) is the buying and selling of goods (or services) on the internet. From mobile shopping to online payment encryption and beyond, ecommerce encompasses a wide variety of data, systems, and tools for both online buyers and sellers. 1998 PayPal launches as an online payment system.

eCommerce 417
article thumbnail

How gambling was legalised in the UK

365 Retail

In 2005, the Gambling Act was passed, legalising online casinos and betting. This step opened up new opportunities for players and operators, and the Gambling Commission was established to monitor and ensure player safety. In 1994, the National Lottery was established, which was an important step in the legalisation of gambling.