E-commerce has become very vital for many businesses to reach larger markets at lower costs than before. It relies on cyberspace as its main backbone. Many people can now make instant payments for items purchased online from the comfort of their living room or office. It is also now possible for millions of people around the world to work online and receive payments through e-commerce. E-commerce was not so well known in recent years. However, the growth of technology has revolutionized it in modern times. The advent of the World Wide Web (WWW) in the early 1990s was a major driver of advances in e-commerce. Governments and the private sector are investing in e-commerce as one of the ways to survive competition and increase economic growth. E-commerce currently facilitates business-to-consumer (B2C) transactions. On the other hand, it has also become vital in business-to-business (B2B) commerce. The advent of modern forms of e-commerce occurred in 1949, when Diners Club launched credit cards for its frequent customers to consolidate their debts. At the same time, the most immediate technological innovations precipitating the advent of today's e-commerce infrastructure include the use of electronic data interchange (EDI), the availability of affordable computer hardware and software, and the increase the profitability of Internet service providers (ISPs). EID refers to the transmission of business data within organizational networks in standard formats that facilitate transactions between businesses and customers. EDI was an important step in the development of electronic commerce in the sense that it paved the way for recent developments in electronic commerce. Some of the contemporaries...... middle of paper ...... active in improving online trading. Regulators therefore need to develop clearer regulations to streamline e-commerce. There is also a need to create more efficient B2C bandwidth to reduce technical barriers to e-commerce that could discourage people from shopping online. Future developments in e-commerce must also address issues of effective consumer privacy protection in cyberspace. In conclusion, it should be noted that e-commerce has become a major driver of trade globalization. This has also given online sellers the opportunity to reach many customers across the world. However, the issue of numerous risks like fraud, theft of customers' confidential information continues to affect e-commerce. Infrastructure developers that facilitate online commerce must therefore address risk issues as many people continue to adopt online commerce..