4/22/2009

E-commerce laws to be upgraded

The Standing Committee of Attorneys-General (SCAG) yesterday agreed to amend state and territory Electronic Transactions Acts, following "overwhelming support" for reforms aimed at addressing technological advances since the present uniform ETAs -- based on the 1996 Model Law on E-Commerce -- were adopted.
To date, 18 countries, including China, Singapore and the Republic of Korea have signed the convention. The Law Council of Australia's e-commerce committee has urged the SCAG to also remedy variations in electronic transactions rules across Australia. "Given the benefits to be achieved in international harmony in relation to electronic transactions, it would be ironic if the opportunity were not taken to also achieve better harmony on the domestic side at the same time," the council said.
"We believe the extent of variations is beyond what is appropriate in an internet context, where state boundaries ought to be irrelevant." The attorneys-general also agreed that a SCAG working group would develop "voluntary guidelines" to assist employers and workers on workplace privacy issues, such as surveillance and email, and internet monitoring.
The guidelines are to be developed in consultation with federal and state Privacy Commissioners, as well as employer groups, unions and other interested parties.

4/15/2009

CTOPAY- one stop e-commerce solution


E-commerce is developing with a fast pace in China. As more and more Chinese are using the internet as a source for ordering
goods and services online. Then how to set the cross board payment? CTOPAY is a global payment provider. Currently 30 million merchants worldwide are using our payment gateways. Besides CTOPAY,
other e-commerce solutions, such as CTOSHOP, CTOALL and CTOSEO, also provided for our global customers. From online shop
building to online payment settlement, a comprehensive e-commerce solution tailored to every specific e-commerce type.CTOPAY observed a tenfold increase in its transaction volume last year, in spite of the global recession. It grows in
popularity for its wide range of payment options, till now, all major credit cards and debit cards in any currency are
supported in CTOPAY. CTOPAY cares for your online transactions safety ever since it is founded. MD5(Message-digest Algorithm 5),Secure Socket
Layer (provide by GeoTrust) and many other advanced programs are applied for online safety management. And last year it
passed the PCI DSS verification, which meets the international safety standard.Mr. Wang, the CEO of CTOPAY is confident to provide a comprehensive e-commerce solution for all customers.

4/10/2009

eCommerce Spring Summit - Atlanta, GA - June 3-4


On June 3rd and 4th, 2009, many of the leading ecommerce entrepreneurs will gather in Atlanta, Georgia for the 10th E-commerce Summit (http://www.ecommerce-summit.com/).
It is regarded as the world class educational event, since it is hosted by the eCommerce Merchants Trade Association (http://www.ecommercemerchants.org/) and the Professional eBay Sellers Alliance (http://www.gopesa.org/).

Clarissa Parashar, the owner of TatooApparel.com and PerpetualVogue.com shared, "This will be the 5th PESA/ECMTA Conference that I have attended. I make invaluable contacts and find new business strategies each time I attend. I would not miss it!"

Looking forward to this great event……

Companies interested in sponsoring the event can contact Brandon Dupsky at brandon(at)ecmta.org

4/08/2009

CTOPAY sticks to secure online payment policy



CTOPAY sticks to secure online payment policy ever since it was founded.

Ctopay, a global online payment service provider, has announced compliance with the Payment Card Industry Data Security Standard (PCI DSS) since December 17, 2008.

Ever since it is founded, Ctopay sticks to secure online payment policy for every customer. “As a payment service provided, security of cardholder data is a priority for us, we need to maintain a secure environment not only for our business, but also to ensure the security for merchants who use our services globally to process online payments. Thanks to Trustwave, they help us achieve the highest compliance standard.” said Wiky Ding, chief technology officer at Ctopay.

Ctopay sets good examples for online payment organizations, by securing their environment to protect the transaction safety for merchants. While Trustwave help create a more secure environment for Ctopay as wellas its customers” Said Robert J.CEO of trustwave.

With advanced online payment gateway, we are dedicated to provide online payment service to customers all over the world.

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3/31/2009

Alibaba Group Takes Additional Steps to Help SMEs in China Turn to e-Commerce

Alisoft, a wholly-owned subsidiary of Alibaba Group, announced that it will offer free Internet-based management software to all 42 million small- and medium-enterprises (SMEs) in China as part of the Group's ongoing effort to make it easy for SMEs to do business using e-commerce.
The software, called "Shopkeeper(TM: 63.44, -0.17, -0.27%)", comprises an accounting and finance module in the initial edition; an inventory management and a customer relations management module.
Shopkeeper(TM: 63.44, -0.17, -0.27%) will be free to SME users for at least three years. Apart from the free software license, Alisoft will provide free upgrades, training and customer support for all users. Shopkeeper(TM: 63.44, -0.17, -0.27%), a simple-to-use software targeted at key decision makers in SMEs, addresses the need of small business owners who desire to keep track of their money, inventory and customers.

To make Shopkeeper(TM: 63.44, -0.17, -0.27%) and other business software widely available to the market, Alisoft will invest up to RMB1 billion over the next three years to cultivate the SME-focused software industry, and further drive usage of Internet-based software, or "software-as-a-service", as a new paradigm of how businesses use technology to manage their operations.

3/29/2009

Bank of China 2008 profit up 14.4 percent

Bank of China Ltd., the third-largest commercial bank by assets, said Tuesday its 2008 profit rose 14.4 percent. However, Chairman Xiao Gang warned that banks' 2009 outlook is uncertain.

"China's economic development still faces significant uncertainties. The impact of the current global financial crisis will continue to worsen and further affect the global real economy," he said. However, he added, "the opportunities faced by the banks still outnumber challenges in 2009.”

Deposits rose 16 percent to 6.9 trillion yuan ($1 trillion), Bank of China said. It trails Industrial & Commercial Bank of China Ltd., the country's biggest lender, and No. 2 China Construction Bank Ltd. in assets.