Comments on: Malaysia E-Commerce Finally http://www.dannyfoo.com/blog/news/malaysia-e-commerce-finally/ Malaysia website design blog Sat, 04 Feb 2012 04:00:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Danny Foo http://www.dannyfoo.com/blog/news/malaysia-e-commerce-finally/comment-page-1/#comment-92 Danny Foo Tue, 08 May 2007 02:42:01 +0000 The biggest problem with PayPal to date is that you require other means of withdrawing the funds out later. Besides that, their rates aren't exactly very attractive to many in comparison to 2CheckOut or WorldPay. I think it's e-commerce is happening but only the more IT-savvy are taking notice of its potential. But the problem aside a universal and wholly confidential payment solution, is the knowledge in even IT-savvy users of the requirements in building an effective e-commerce shop. In Malaysia, many today still believe to cut cost and try to earn more. This is one of the reasons which hinder their e-commerce growth. The thinking might work in Asia or Malaysia culture but definitely not overseas. That's one of the setbacks of not e-commerce but the whole Internet business mindset here. The biggest problem with PayPal to date is that you require other means of withdrawing the funds out later. Besides that, their rates aren’t exactly very attractive to many in comparison to 2CheckOut or WorldPay.

I think it’s e-commerce is happening but only the more IT-savvy are taking notice of its potential. But the problem aside a universal and wholly confidential payment solution, is the knowledge in even IT-savvy users of the requirements in building an effective e-commerce shop.

In Malaysia, many today still believe to cut cost and try to earn more. This is one of the reasons which hinder their e-commerce growth. The thinking might work in Asia or Malaysia culture but definitely not overseas.

That’s one of the setbacks of not e-commerce but the whole Internet business mindset here.

]]> By: Mun Yee http://www.dannyfoo.com/blog/news/malaysia-e-commerce-finally/comment-page-1/#comment-91 Mun Yee Mon, 30 Apr 2007 11:01:24 +0000 Yeah, I am also hoping that e-commerce will finally jumpstart here. I tested and just lauched my e-commerce website (http://www.flowerz4u.biz) selling flowers and I am using PayPal as the payment provider in order to assure shoppers that their credit card numbers are safe when dealing with PayPal and I am not even collecting it. There is also an option for Maybank2u payment... Seems like response has been lukewarm, or maybe I didn't do SEO very well.... Credit card fraud and even ATM fraud is to be blamed for this I guess, plus the ultra-cautious and conservative mindset. Well, you can't blame people for being like this also... It;s their hard-earned money ... Yeah, I am also hoping that e-commerce will finally jumpstart here. I tested and just lauched my e-commerce website (http://www.flowerz4u.biz) selling flowers and I am using PayPal as the payment provider in order to assure shoppers that their credit card numbers are safe when dealing with PayPal and I am not even collecting it. There is also an option for Maybank2u payment… Seems like response has been lukewarm, or maybe I didn’t do SEO very well….
Credit card fraud and even ATM fraud is to be blamed for this I guess, plus the ultra-cautious and conservative mindset. Well, you can’t blame people for being like this also… It;s their hard-earned money …

]]> By: dannyFoo http://www.dannyfoo.com/blog/news/malaysia-e-commerce-finally/comment-page-1/#comment-90 dannyFoo Thu, 09 Jun 2005 16:45:19 +0000 Thanks for the extra knowledge there. I can understand fraud can never be eliminated as like crackers always manage to crack professional softwares. But I guess with news of less fraud, it does help instill some confidence in the community. :) Cheers. Thanks for the extra knowledge there. I can understand fraud can never be eliminated as like crackers always manage to crack professional softwares. But I guess with news of less fraud, it does help instill some confidence in the community. :)

Cheers.

]]> By: TiFische http://www.dannyfoo.com/blog/news/malaysia-e-commerce-finally/comment-page-1/#comment-89 TiFische Thu, 09 Jun 2005 16:12:46 +0000 Danny, EMV does not address the online fraud issue. Fraud has been so sucessfully curbed in Malaysia because the root of it is due to syndicated fraud or counterfeit cards. All that it has possibly done is "move' fraud from the retail shops to an online space. One thing we have to remember is that "fraud can be mitogated, but never eliminated". Cheers mate ... Danny,

EMV does not address the online fraud issue. Fraud has been so sucessfully curbed in Malaysia because the root of it is due to syndicated fraud or counterfeit cards.

All that it has possibly done is “move’ fraud from the retail shops to an online space. One thing we have to remember is that “fraud can be mitogated, but never eliminated”.

Cheers mate …

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