Payment is the means by which most e-commerce transactions can be successfully concluded. This will usually be achieved by the electronic transfer of value between the parties.
History of ecommerce is a history of a new, virtual world which is evolving according to the customer advantage. It is a world which we are all building together brick by brick, laying a secure foundation for the future generations.
While the private sector appears tobe benefiting from this low-cost means of reaching consumers worldwide,the question remains: can e-commerce be used effectively by other sectorsto generate revenue?
This paper examines how e-commerce applications employed in the commercialsector can be used by NGOs to generate revenue to supplement their fundingbase.
The findings from this paper demonstrate both the challenges NGOsface in using e-commerce in developing countries and the opportunitiesemerging from this new Internet platform for development.
Training, education and awareness raising will all play an important role in the promotion of the use of electronic payment systems. This is essential in developing consumer trust and confidence in e-commerce.
Some international standards have already been developed for the allocation of jurisdiction in online contracts. For example, the International Chamber of Commerce publishes ‘model clauses’ which can be included in e-commerce contracts. These help to improve consistency in e-commerce transactions and promote best practice.
Technical standards for the formation of online contracts may be useful, but are not an essential element of this element of e-commerce law. They should not be required in jurisdictions where a ‘technology neutral’ approach has been taken.
The Agbogbloshie area of Ghana, where about 40,000 people live, provides an example of how e-waste contamination can pervade the daily lives of nearly all residents. Into this area—one of the largest informal e-waste dumping and processing sites in Africa—about 215,000 tons of secondhand consumer electronics, primarily from Western Europe, are imported annually. Because this region has considerable overlap among industrial, commercial, and residential zones, Pure Earth (formerly Blacksmith Institute) has ranked Agbogbloshie as one of the world’s 10 worst toxic threats ().
If e-commerce can be a means forNGOs to increase the sustainability of their operations in times of budgetcuts and funding cuts, then the findings presented in this paper provideboth timely and valuable information.
Issues such as costs involved in settingup shop online (both capital and noncapital); how the NGO approach to e-commercemay differ from that of business; ease of use by consumers, sellers anddistributors; time taken away from other activities; type of productsthat can be sold easily online.
The Organization for Economic Cooperation and Development (OECD), ina paper on the economic and social impacts of e-commerce, points out thatdue to a combination of both regulatory reforms and technological innovationin the past three years, the barriers to entry have fallen dramaticallyfor many e-commerce businesses.
Usually no specific regulator is required for this aspect of e-commerce law. In any case, there is no appropriate regional or international regulator who could fulfil this role. Some national regulators may play a role in restricting the scope of ‘choice of jurisdiction’ clauses.
Combined, theseencouraging factors lead to the question of whether e-commerce can movebeyond the commercial sector to be used effectively by other sectors togenerate revenue.