EDI stands for “Electronic Data Interchange,” which allows sharing of purchasing information between the buyer and the seller. This is a digital format copy of order details and invoice.
EDI’s are common in B2B eCommerce due to the large order volumes involved. The data exchange helps mitigate the chances of any loopholes in order fulfillment.
On the other hand, B2B transactions involve selling goods/services through the online platform, following which an EDI is shared between the buyer and the seller.