E-commerce gateway to boost consumers’ confidence

Published July 17, 2014
State Minister for Information Technology and Telecommunications Anusha Rahman chairs an inter-ministerial committee meeting regarding establishment of e-commerce gateway. — Photo by APP
State Minister for Information Technology and Telecommunications Anusha Rahman chairs an inter-ministerial committee meeting regarding establishment of e-commerce gateway. — Photo by APP

ISLAMABAD: The e-commerce gateway is need of the hour and its establishment will further boost consumers’ confidence, said Minister of State for Information Technology and Telecom­munications Anusha Rahman.

Chairing an inter-ministerial committee meeting here on Wednesday, the minister said that e-commerce markets were thriving globally, “in 2013 this industry had grown rapidly to $1,250 billion.”

She said that the local e-commerce industry needed secure mechanism for reliable authorisation and authentication of transactions to enhance consumers’ confidence.

“Buyers and merchants both need to feel confident in placing their sensitive information online, for which stringent regulations of the State Bank of Pakistan need to be in place,” she added.

She stressed that inter-ministerial committee should devise regulatory and legal framework on an urgent basis.

She further directed constitution of a working group tasked to devise a strategic plan in 30 days for establishment of e-commerce gateway and infrastructure for transactions.

Federal Secretary IT Azmat Ali Ranjha, Member Telecom Mudassir Hussain, Managing Direc­tor, Pakistan Soft­ware Export Board (PSEB), senior officials of Ministry of Com­merce, Finance Division, State Bank of Pakistan and Pakistan Tele­communi­cation Authority (PTA) also attended the meeting.

Published in Dawn, July 17th , 2014

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

‘Source of terror’
29 Mar, 2024

‘Source of terror’

ALTHOUGH dealing with the presence of terrorist groups in Afghanistan is a major political, security and strategic...
Chipping in
29 Mar, 2024

Chipping in

FEDERAL infrastructure development schemes are located in the provinces. Most such projects — for instance,...
Toxic emitters
29 Mar, 2024

Toxic emitters

IT is concerning to note that dozens of industries have been violating environmental laws in and around Islamabad....
Judiciary’s SOS
Updated 28 Mar, 2024

Judiciary’s SOS

The ball is now in CJP Isa’s court, and he will feel pressure to take action.
Data protection
28 Mar, 2024

Data protection

WHAT do we want? Data protection laws. When do we want them? Immediately. Without delay, if we are to prevent ...
Selling humans
28 Mar, 2024

Selling humans

HUMAN traders feed off economic distress; they peddle promises of a better life to the impoverished who, mired in...