The e-commerce accelerator program provides start-up incentives, necessary tools, trainings, and assistance for business owners to tap into eBay’s global marketplace of over 174 million active buyers.
Visa has partnered with Shopee to help support local small businesses who are selling on e-commerce platform. The tech firms will be creating campaigns to enable Visa cardholders to avail discounts when they shop at local merchants in Shopee.
The inaugural Asean Online Sale Day (AOSD) is a one-day event where participating e-commerce businesses and platforms offer online discounts and promotions to consumers within the Asean region.
With online transactions at an all-time high in the country, e-commerce site Lazada Philippines and local lender UnionBank have launched what is dubbed as the country’s first credit card optimized for e-commerce transactions.
The Department of Trade and Industry the number of registered online businesses surged from more than 1,600 online businesses that registered for the whole of 2019.
The Intellectual Property Office of the Philippines said House Bill 6122 or the proposed Internet Transactions Act would help the agency perform its mandate to protect intellectual property rights and create an e-commerce bureau under the Department of Trade and Industry.
With more Filipinos turning to the Internet to conduct daily businesses under the new economy, Sen. Sherwin Gatchalian is pushing for the Internet Transactions Act to make transactions easier and faster in order to strengthen the country's digital economy.
NEDA is recommending the revisit of the Electronic Commerce Act of 2000 to make it more comprehensive in detailing transactions covered by the law, specifying the rights of consumers, and strengthening the penalties imposed on service providers.
