APACS, established by UK banks in 1985, managed payment clearing and money transmission in the UK through its Interest Groups focused on card payments, cash services, electronic commerce, and liquidity management. It was succeeded by the UK Payments Administration in 2009.
Electronic Business (E-Business) encompasses any business processes enabled by or conducted over the Internet and other digital networks, utilizing Internet technology at the core of its business operations.
Electronic commerce, commonly known as e-commerce, involves the buying and selling of goods and services over the internet. It encompasses various types of transactions, digital systems, and business models that operate online.
Videotex, also known as viewdata or interactive videotex, is a revolutionary system wherein information is transmitted via telephone lines between a computer and a TV screen, allowing for interactive data entry and retrieval.
