Proposing an Intermediary E-payment Means to fix Facilitate Retail E-commerce for Developing Countries

Abstract

This paper maintains that developing countries cannot effectively take part in e-commerce unless appropriate models fashioned with their specific environmental factors taken into consideration. This really is because there are currently no appropriate and acceptable types of payments readily available for these phones purchase products or services online.

Developing countries generally don't have systems that accommodate current e-payment solutions. The paper considers the P. O. Box mailing address system in many developing countries like a major factor hampering the adoption of e-commerce. Current electronic payment provider companies don't deal will clients with P. O. Box addresses simply because it is not easy to authenticate an authentic client using this type of address system. Sellers would not not ship for this kind of addresses because it's considered risky.

The paper therefore proposes one introducing an intermediary like a trust element for other e-commerce participants.

Keywords: Intermediation, disintermediation, electronic payment, e-commerce, authentication, authorisation

Proposing an Intermediary E-payment Means to fix Facilitate Retail E-commerce for Developing Countries

1. 0 INTRODUCTION

Market intermediaries are usually regarded as adding to costs for both buyers and sellers. In the past of e-commerce, some of the hype involved how Internet commerce will lead to the removal of market intermediaries for consumers to possess a more direct relationship thereby reducing costs created by these intermediaries (Kalakota & Whinston, 1999). However, based on Giaglis et al (2002), a careful analysis of the structure and purpose of electronic markets suggests that intermediaries provide value-added functions that can't be easily substituted by direct seller-buyer relationships. This paper seeks to refute the arguments for disintermediation which intermediaries generate friction in transactions. It rather argues that intermediation is not only necessary but an essential lubricant in e-commerce transactions (Datta, 2005).

The premise of the paper is the fact that while various solutions to the problem of finding appropriate payments for e-commerce transactions are now being developed, the features of these payment systems, based on IDS (2001), essentially comply with criteria that may be met only by consumers within the civilized world. They're, consequently, hard to implement in developing countries, making developing countries omitted in taking part in online markets.

Another major factor contributing to the exclusion of developing countries is the fact that many of them, especially, those who work in Africa don't have systems that make simple to use to integrate current e-payment solutions; an average example may be the existence of the Post office box (P. O. Box) mailing address system. Credit card issuers and current electronic payment provider companies don't deal will clients with P. O. Box addresses simply because it is not easy to authenticate an authentic client using this type of address system. Sellers also suggest that they "do not ship to Africa".

This paper seeks to deal with the next questions:
* How can we design systems that will allow these disenfranchised citizens of the world also to be part of the digital age? And,
* Just how can additionally they download music, play games, and patronise products or services on the Internet, that's, should they have to pay for?

The issue is not too much about access to the Internet but exactly how to cover these products or services after you have access. Also if this involves physical goods wouldso would sellers ship to clients who have only P. O. Box addresses; with electronic services and products whether they can find acceptable payment methods delivery might be done online.

This paper seeks to deal with the issues above by proposing one whereby an intermediary organisation can behave as a trust entity having a credible identity to ensure that both consumers may have the confidence to cope with, additionally electronic payment solution the likes of, VISA, MasterCard, PayPal, etc., is going to be prepared to cope with this entity with respect to its clients.