E-commerce, Banks, sustainability, Development, Fraud


Architecture | Business | Life Sciences | Medicine and Health Sciences


Electronic commerce is conducting and executing any trade, business or service through the electronic channels and the Internet website. By analyzing the advantages and limitations of e-commerce we identify the positive contribution to the traditional commercial practice and its Limitations. We also list the effects of ecommerce on the banks in Lebanon within the context of sustainability concern. We summarize the positive additions to the financial services provided and the negative aspects that are facing the banks in the financial economy and its own characteristics. The ease of conducting e-commerce transactions still carries with it many deficiencies intrinsic to the digitized world rendering it unsecure and in need a lot of innovation, development and securitization. Some of the banks in Lebanon have felt the pressure for sustainability and innovative development of its systems and service partnership to overcome the prevailing worries of the digital world and to have the upper hand in the developing e-commerce economy. In this research we adopt the desktop methodology and research the critical issues that dominate the e-commerce industry and its effect on the Lebanese Bank through the sustainability concerns and the service they provide for customers and institutions. Knowing that there is limited information specific to e-commerce published by the banks and organizations in Lebanon, we shall analyze a couple of bank’s unique efforts in maintaining its market presence efforts.



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