An e-commerce platform is a software application or service that allows businesses to sell products or services online. It provides a complete framework for online transactions, including product catalogs, shopping carts, payment gateways, and order management systems. E-commerce platforms are designed to simplify the process of setting up and running an online store, regardless of the size of the business.
A SaaS e-commerce platform is a web-based software solution that is hosted by the service provider and accessed via a web browser. Businesses pay a subscription fee to use the platform and typically have access to a range of features, such as website hosting, payment processing, and customer support. SaaS platforms are designed to be easy to set up and use, with minimal technical expertise required.
On the other hand, open-source e-commerce platforms are software solutions that are freely available for businesses to download and install on their own servers. These platforms provide businesses with complete control over their website, including the ability to customize the code and functionality to meet their specific needs.