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Small online businesses get boost with new payment scheme
By Hoe Yeen Nie, Channel NewsAsia | Posted: 21 February 2007 2123 hrs

 
 
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SINGAPORE: Small-time online sellers now have a new payment system that is affordable, fast and easy to use.

Singapore's largest online payment gateway, eNETS, has tied up with online payment services provider Chainfusion to launch this service called BuyButtonz.

It enables sellers to register themselves and conduct transactions through any website or email within 10 minutes.

eNETS said the service creates new opportunities for small-time users, selling any number of items.

At present, sellers need to be at least 18 years old and have a registered organisation to do business online.

Since its introduction, more than 250 users have registered at http://www.buybuttonz.com

Most of the transactions have an average selling price of between S$20 and S$60.


- CNA/so




 


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