E-commerce stands for electronic commerce and provides to trading in goods and services through the electronic medium such as internet or mobile. E-commerce involves the use of Information and Communication Technology (ICT) and Electronic Funds Transfer (EFT) in making business between consumers and organizations, organization and organization or consumer and consumer. This lead to the three standard business models namely B2B, B2C and C2C. With the growing use of internet worldwide, Electronic Data Interchange (EDI) has also increased in humungous amounts and so has flourished e-commerce with the productive virtual internet bazaar inside the digital world usually termed as e-malls. This course address the concepts of e-payments and their types that helps in carrying out paperless transaction over the internet. Specifically this course is designed for the students that helps in understanding the concepts, features, flexibility and effectiveness of using e-commerce.