opencommerce

noun

UK /ˌəʊpənˈkɒmɜːs/

US /ˌoʊpənˈkɑːmɜːrs/

Open commerce is buying and selling things online where anyone can join in and share.

The new open commerce platform lets small shops sell to customers all over the world.

SYNONYMS

open marketplace open trading public e-commerce shared commerce

RELATED WORDS

e-commerce marketplace online store digital trade retail

OTHER MEANINGS

2. A business model where companies share their shopping systems so other businesses can connect to them.

The retailer adopted open commerce so partner brands could list products on its website.

3. Trade that is free and open to everyone without strict limits.

The country promoted open commerce by lowering barriers for foreign sellers.

4. Software tools that anyone can use and change to build online shops.

Developers used open commerce tools to create a custom checkout page.