E-Commerce is a process of performing your online business through your website usually to sell your product eg. Computer products or to provide services eg. SEO, Hosting. Usually the payment is received through Credit Card termed as Merchant Account that allow you accept payment automatically to you account. You don’t need to involve here. This is the smarter way to extent you business and get International Reorganization.
A business providing merchant account establishment and transaction processing payment related services. It may also provide e-commerce software and handle such things as digital delivery, Payment verification.

Well, here are the list of payment processor; http://www.electronic-payments.co.uk/product_data.jsp

Electronic Commerce or e-commerce as it is popularly known as means buying and selling of goods and services across the Internet. An e commerce site can be as simple as a catalog page with a phone no, or it can range all the way to a real time credit and processing site where customer can purchase downloadable goods and receive them on the spot.
E-business is the creation of new, and the redesigning of existing value chains and business processes through the application of information technology. Naturally, e-Business is more than e-commerce. It expands the scope of e-commerce to transform the company and the industry itself.For more details please follow the linkhttp://info.easystorehosting.com/page/Electronic+Commerce-An+Introduction