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B2B and B2C

 
Greenhorn
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Hello,
Can somebody explain to me in detail what do the terminologoies B2B and B2C mean.?
Thanks.
Katti
 
Ranch Hand
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Those terms are used to denote the systems that take care of transaction between two business entities or between business to consumer.
If Citibank has a system which communicates with other banks, it is B2B.
On the otherhand if the system talks to its customers (end users) it is B2C.
Hope this is Ok.
 
Vrinda
Greenhorn
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Thanks Saravanan
Vrinda
 
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