The Internet is a global system of interconnected computer networks that use the standard Internet Protocol Suite (TCP/IP) (Transmission Control Protocol/Internet Protocol) to serve billions of users worldwide. It is a network of networks that consists of millions of private, public, academic, business, and government networks, of local to global scope, that are linked by a broad array of electronic, wireless and optical networking technologies. The Internet can also be defined as a worldwide interconnection of computers and computer networks that facilitate the sharing or exchange of information among users. Business-to-business and financial services on the Internet affect supply chains across entire industries. The Internet has no centralized governance in either technological implementation or policies for access and usage; each constituent network sets its own standards. Reservation System is a tool to reach the Global Distribution Systems as well as Internet Distribution Systems from one single system, namely a central reservation system (CRS). A central reservation system (CRS) is mainly an assistance for hoteliers to manage all of their online marketing and sales, where they can upload their rates & availabilities to be seen by all sales channels that are using a central reservation system (CRS).A hotelier using a central reservation system (CRS) eases his/her tasks for online distribution, because a CRS (central reservation system) does everything to distribute hotel information to the sales channels instead of the hotelier. Electronic commerce, commonly known as e-commerce, eCommerce or e-comm, refers to the buying and selling of products or services over electronic systems such as the Internet and other computer networks.An e-commerce payment system facilitates the acceptance of electronic payment for online transactions. Also known as Electronic Data Interchange (EDI), e-commerce payment systems have become increasingly popular due...
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