1. internet commerce
  2. e‐commerce
  3. transaction information transfer
  4. electronic data interchange

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Answer: Option 4

The name for direct computer‐to‐computer transfer of transaction information contained in standard business documents is electronic data interchange. Electronic Data Interchange (EDI) is the electronic interchange of business information using a standardized format; a process which allows one company to send information to another company electronically rather than with paper.