{"id":10942,"date":"2023-01-18T14:11:14","date_gmt":"2023-01-18T08:41:14","guid":{"rendered":"https:\/\/razorpay.com\/blog\/?p=10942"},"modified":"2025-04-04T16:00:39","modified_gmt":"2025-04-04T10:30:39","slug":"e-business","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/business-banking\/e-business\/","title":{"rendered":"Why E-Businesses Are The Future"},"content":{"rendered":"<div style=\"text-align: left;\">As the world transforms into an almost 100% digital ecosystem, businesses that integrate technology and innovation into their operations are likely to be the ones that thrive and stay competitive in the market.<\/div>\n<div><\/div>\n<div>In this new, digital economy, e-business is quickly becoming the norm. But do we fully understand what an e-business is? Let&#8217;s deep dive into the world of tech-enabled business, or e-business.<\/div>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_80 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69e213e903047\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69e213e903047\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/e-business\/#What_is_E-Business\" >What is E-Business?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/e-business\/#Components_of_E-Business\" >Components of E-Business<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/e-business\/#E-Business_Model\" >E-Business Model\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/e-business\/#Critical_Factors_of_E-Business_Development\" >Critical Factors of E-Business Development<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/e-business\/#What_Are_the_Differences_Between_E-Business_and_E-Commerce\" >What Are the Differences Between E-Business and E-Commerce<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/e-business\/#FAQs\" >FAQs<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/e-business\/#What_are_the_different_types_of_e-commerce\" >What are the different types of e-commerce?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/razorpay.com\/blog\/business-banking\/e-business\/#What_are_some_of_the_crucial_influences_leading_to_the_boom_of_the_e-business_sector\" >What are some of the crucial influences leading to the boom of the e-business sector?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_is_E-Business\"><\/span><b>What is E-Business?<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>E-business refers to any business operation that is enabled by computer technology, or the internet. Practically every single business function can be digitised today.<\/p>\n<p>Here are some examples of core and non-core functions that businesses of today have digitised or automated.<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Customer Relationship Management [CRM]<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Supply chain management<\/span><span style=\"font-weight: 400;\">\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Human Resource Management (HRM)<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Repetitive tasks like data entry<\/span><\/li>\n<\/ul>\n<p><strong>One of the most important business functions that benefited from digitisation is finance.<\/strong> The importance of <a href=\"https:\/\/razorpay.com\/blog\/business-banking\/financial-management\/\">financial management<\/a> to businesses cannot be overstated.<\/p>\n<p><span style=\"font-weight: 400;\">For instance, with <\/span><a href=\"https:\/\/razorpay.com\/payroll\/\"><span style=\"font-weight: 400;\">RazorpayX Payroll,<\/span><\/a><span style=\"font-weight: 400;\"> you can conduct otherwise time-consuming employee services like salary disbursal in a few clicks. Furthermore, this platform also allows your business to meet necessary compliances such as Provident Fund deductions and TDS without any need for human intervention.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Components_of_E-Business\"><\/span><b>Components of E-Business<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Some crucial components of <\/span>e-business <span style=\"font-weight: 400;\">have been described below:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Online Stores<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">For an electronic business, these function as a virtual counterpart of a traditional company\u2019s shop. Therefore, clients of this enterprise can visit such an online store \u2013 usually a website or a computer\/mobile-friendly app \u2013 to pick out the products or services they need.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Payments for these goods or services are made by both online and offline methods. However, businesses that are accepting online payments have to host their online store\u2019s website as per the payment card industry\u2019s security standards.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Online Marketplaces<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">An online marketplace is an e-Commerce facility where products or services from third-party companies are listed for a potential buyer\u2019s interest. In other words, such a marketplace functions as an intermediary between a manufacturer and a consumer by offering them a transaction facility.\u00a0<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Web Communities<\/b><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Online communities are virtual groups of individuals who have a shared interest in certain subject matters and use a centralised platform to communicate with each other about the same.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In the context of <\/span>e-business<b>, <\/b><span style=\"font-weight: 400;\">such communities can operate as a professional network built by this business itself. This way, all the members of an organisation \u2013 from its higher-up executives to entry-level employers \u2013 and their clients will have a common forum where the exchange of information can take place. This way, an enterprise can establish brand value and improve customer loyalty from this shared experience.\u00a0<\/span><\/p>\n<p><b>How Is a Product Order Placement Fulfilled by an E-Business?<\/b><\/p>\n<p><span style=\"font-weight: 400;\">The steps in which an order is placed and this request is fulfilled by an <\/span>e-business <span style=\"font-weight: 400;\">are discussed below.<\/span><\/p>\n<p><b>STEP 1: <\/b><span style=\"font-weight: 400;\">In a business-to-business transactional model, the client organisation can browse the seller company\u2019s website to decide on the required products.<\/span><\/p>\n<p><b>STEP 2: <\/b><span style=\"font-weight: 400;\">Subsequently, the client had to undergo order configuration and confirmation to finalise the amount of product it is purchasing at a set price.<\/span><\/p>\n<p><b>STEP 3: <\/b><span style=\"font-weight: 400;\">This website will redirect the client to a <a href=\"https:\/\/razorpay.com\/payment-gateway\/\">payment gateway<\/a>, where it can select a method of monetary transfer.\u00a0<\/span><\/p>\n<p><b>STEP 4: <\/b><span style=\"font-weight: 400;\">Next, the client must select its ideal delivery alternative.<\/span><\/p>\n<p><b>STEP 5: <\/b><span style=\"font-weight: 400;\">As the order has been placed adequately, it remains the responsibility of the seller organisation to ensure according products are assorted within a stipulated time frame.\u00a0<\/span><\/p>\n<p><b>STEP 6: <\/b><span style=\"font-weight: 400;\">Based on the demands of the client, these products will be shipped to it accordingly to be delivered at a selected address within a given date\u00a0<\/span><\/p>\n<p><b>STEP 7: <\/b><span style=\"font-weight: 400;\">The seller and purchaser must settle the accounts if there are any outstanding costs such as delivery charges.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Notably, if the client receives a damaged product, all leading <\/span>e-business <span style=\"font-weight: 400;\">companies have a comprehensive return protocol in place to ensure a stress-free solution. However, a customer must meet specific terms and conditions set forth by the sellers in order to be eligible for a replacement or refund.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"E-Business_Model\"><\/span><b>E-Business Model\u00a0<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\"><a href=\"https:\/\/razorpay.com\/learn\/what-is-a-business-model\/\">The business model<\/a> of one company varies significantly from another. However, keeping recent trends in the market in mind, some common aspects of a successful <\/span>e-business <span style=\"font-weight: 400;\">model can be formed. These include:<\/span><\/p>\n<p><b>Concept of the Business<\/b><\/p>\n<p><span style=\"font-weight: 400;\">A thorough outline of the mission and vision of this <\/span>e-business <span style=\"font-weight: 400;\">should be available to every member of the organisation. These details must include the purpose of the company, its goals, and how it plans to achieve them.<\/span><\/p>\n<p><b>Value Proposition<\/b><\/p>\n<p><span style=\"font-weight: 400;\">An <\/span>e-business <span style=\"font-weight: 400;\">must successfully present to its potential clientele, reasons why it can be their best choice over the competitors. So, it has to provide certain unique selling points to appear as a more lucrative alternative. These might include discounts, advanced customer service, and higher quality of goods or services.\u00a0<\/span><\/p>\n<p><b>Diverse Sources of Revenue Generation\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Due to its virtual shop and extended online presence, an <\/span>e-business <span style=\"font-weight: 400;\">has multiple sources of revenue than the profit generated from direct sales. These include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Subscription fees<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Running advertisements\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Syndication<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Sponsorship<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Commissions<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Affiliations<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Licensing\u00a0<\/span><\/li>\n<\/ul>\n<p><strong>Activity<\/strong><\/p>\n<p><span style=\"font-weight: 400;\">The singular commercial purpose of a business remains generating profit. That is why any company must indulge itself in a certain set of activities with profit-making endeavours as an end goal. These activities may include but are not limited to-<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">New property purchase<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Foreign market entry\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Accessing credit from traditional financial institutions or NBFCs<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Investment and expansion plans\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Budget preparation for a specific financial year<\/span><\/li>\n<\/ul>\n<p><b>Resources\u00a0<\/b><\/p>\n<p><span style=\"font-weight: 400;\">An <\/span>e-business <span style=\"font-weight: 400;\">needs certain resources to leave a prominent mark in the competitive free market field. Some of these include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Workers<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Equipment<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Amenities\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Capital or assets<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Technical support<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Client database maintenance\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Inventory<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Storage facility\u00a0<\/span><\/li>\n<\/ul>\n<p><b>Capabilities<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Due to the information-intensive nature of the modern business market, an <\/span>e-business <span style=\"font-weight: 400;\">will need highly capable employees to ensure optimal output capacity. That is why a business may use technologies like artificial intelligence or machine learning to properly train its workforce.\u00a0<\/span><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Critical_Factors_of_E-Business_Development\"><\/span><b>Critical Factors of E-Business Development<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">In order to succeed as an adequately functioning <\/span>e-business<span style=\"font-weight: 400;\">, an enterprise must keep certain crucial factors in consideration. These include:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">The core business strategy must always be consumer-centric<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Outsourcing can be beneficial for a business in the long run<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Adequate information management via a well-maintained database and well-trained IT staff<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Quality control protocols for the products or services offered must be in place\u00a0<\/span><\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_the_Differences_Between_E-Business_and_E-Commerce\"><\/span><b>What Are the Differences Between E-Business and E-Commerce<\/b><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The difference between <\/span>e-business <span style=\"font-weight: 400;\">and e-commerce had been discussed below:\u00a0<\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td><b>E-Business<\/b><\/td>\n<td><b>E-Commerce<\/b><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">E-business is an umbrella term, considering all aspects of business processes conducted online<\/span><\/td>\n<td><span style=\"font-weight: 400;\">E-commerce is a specific and significant part of e-business, dealing with <a href=\"https:\/\/razorpay.com\/learn\/what-is-online-transaction\/\">online transactions<\/a><\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">E-business is not just concerned with the buying or selling of goods and services<\/span><\/td>\n<td><span style=\"font-weight: 400;\">Purchase and retail are the only areas of e-commerce&#8217;s purview\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">This utilises the internet, intranet, and extranet as a method of connection between different entities\u00a0<\/span><\/td>\n<td><span style=\"font-weight: 400;\">E-commerce facilities can be enjoyed by the global customer base of a company via the internet\u00a0<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">In order to maintain streamlined process management, an e-business will have multiple websites<\/span><\/td>\n<td><span style=\"font-weight: 400;\">An e-commerce site is a singular entity, that online customers visit to avail of their required product<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"font-weight: 400;\">This is more relevant for a business-to-business [B2B] module<\/span><\/td>\n<td><span style=\"font-weight: 400;\">This is more relevant for a business-to-customer [B2C] module, like Amazon or Flipkart<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p><em><b>Related Read: <\/b><a href=\"https:\/\/razorpay.com\/learn\/difference-between-e-commerce-and-e-business\/\"><b>E-Commerce vs E-Business<\/b><\/a><\/em><\/p>\n<p><b>How Can RazorpayX Help E-Business Companies?<\/b><\/p>\n<p><a href=\"https:\/\/razorpay.com\/x\/\"><span style=\"font-weight: 400;\">RazorpayX<\/span><\/a><span style=\"font-weight: 400;\"> emerged as the frontrunner as a crucial tool for <\/span>e-business <span style=\"font-weight: 400;\">companies. Through its numerous facilities aiming towards business process automation, this platform has made it exponentially easier for enterprises to conduct business activities with ease.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For instance, with RazorpayX-powered <\/span><a href=\"https:\/\/razorpay.com\/x\/current-accounts\/\"><span style=\"font-weight: 400;\">c<\/span><\/a><span style=\"font-weight: 400;\">urrent accounts<\/span><b>,<\/b><span style=\"font-weight: 400;\"> your company can now completely automatise vendor and tax payments. Moreover, small businesses can also rest assured about accessing formal credit. With this facility, it is possible for you to receive a corporate card with your account without any necessity of collateral.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Additionally, as an <\/span>e-business <span style=\"font-weight: 400;\">owner, you do not have to worry about making time in your busy schedule for complicated paperwork, as you can get all the necessary work done while you are on the move.\u00a0<\/span><\/p>\n<div style=\"text-align: center;\"><a style=\"border-radius: 3px; background: #528FF0; padding: 15px; font-weight: 600; cursor: pointer; text-decoration: none; color: white;\" href=\"https:\/\/x.razorpay.com\/auth\/signup?r=blog_cta_business_banking_e_business&amp;utm_source=blog&amp;utm_medium=cta\" target=\"_blank\" rel=\"noopener\" data-schema-attribute=\"\">Join RazorpayX<\/a><\/div>\n<h2><span class=\"ez-toc-section\" id=\"FAQs\"><\/span>FAQs<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div><div id=\"rank-math-rich-snippet-wrapper\"><div id=\"rank-math-faq\" class=\"rank-math-block\">\n<div class=\"rank-math-list \">\n<div id=\"faq-1\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What_are_the_different_types_of_e-commerce\"><\/span>What are the different types of e-commerce?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Different kinds of e-commerce services include:<br \/>\nBusiness-to-business<br \/>\nBusiness-to-customer<br \/>\nConsumer-to-consumer<br \/>\nConsumer-to-business<br \/>\nBusiness-to-administration<br \/>\nConsumer-to-administration<br \/>\nBusiness-to-government<br \/>\nDirect-to-consumer<\/p>\n\n<\/div>\n<\/div>\n<div id=\"faq-2\" class=\"rank-math-list-item\">\n<h3 class=\"rank-math-question \"><span class=\"ez-toc-section\" id=\"What_are_some_of_the_crucial_influences_leading_to_the_boom_of_the_e-business_sector\"><\/span>What are some of the crucial influences leading to the boom of the e-business sector?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"rank-math-answer \">\n\n<p>Several factors have paved the way e-business sector gaining momentum in recent times. These include:<br \/>\nThe popularity of social media<br \/>\nMobile computing<br \/>\nPush towards a cashless economy<br \/>\nCloud computing<br \/>\nRapid digitisation<br \/>\nBig data generation and analysis <\/p>\n\n<\/div>\n<\/div>\n<\/div>\n<\/div><\/div><\/div>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As the world transforms into an almost 100% digital ecosystem, businesses that integrate technology and innovation into their operations are likely to be the ones that thrive and stay competitive in the market. In this new, digital economy, e-business is quickly becoming the norm. But do we fully understand what an e-business is? Let&#8217;s deep<\/p>\n","protected":false},"author":106,"featured_media":10948,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[27],"tags":[410],"class_list":{"0":"post-10942","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-banking","8":"tag-e-business"},"_links":{"self":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/10942","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/users\/106"}],"replies":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/comments?post=10942"}],"version-history":[{"count":4,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/10942\/revisions"}],"predecessor-version":[{"id":21874,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/posts\/10942\/revisions\/21874"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media\/10948"}],"wp:attachment":[{"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/media?parent=10942"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/categories?post=10942"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/razorpay.com\/blog\/wp-json\/wp\/v2\/tags?post=10942"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}