On Monday, September 27, 2004, Global Knowledge Dev. Moderator asked: > When countries are branded as "unsafe" for e-commerce, what can innocent > companies do to rescue their own e-commerce efforts?
The reality is that the biggest credit card companies are owned by financial institutions primarily domiciled in the developed world. And it is only natural for these companies to view transactions from anywhere else but from the localities of their member-owners as "unsafe". When countries are (rightly or wrongly) branded unsafe it immediately creates a herd effect within the economies and country groups where the "branding" originated. Innocent companies within those countries are not even given a chance to prove their innocence as they are typically grouped with their branded country. In my opinion, it is primarily the duty of the governments of the affected countries to make every effort to get decertified both offline and online. Business may also need to aggregate into a strong lobby group to ensure that government officials spearhead the campaign to secure a "seat" at the cyber table. The process of labelling countries needs also to be more transparent. Legitimate businesses ought not be made to suffer for the structural deficiencies of the environments within which they operate. Fola Odufuwa ED -- eShekels Limited West Africa Office 13th Floor, Left Wing Nigeria Stock Exchange House 2/4 Customs Street Lagos, Nigeria Tel: +234-1-8116899 Fax: +234-1-2642852 Web: www.eshekels.com __________________________________________ eShekels is one of Africa's premier technology research and content management firms ------------ This DOT-COM Discussion is funded by the dot-ORG USAID Cooperative Agreement, and hosted by GKD. http://www.dot-com-alliance.org provides more information. To post a message, send it to: <[EMAIL PROTECTED]> To subscribe or unsubscribe, send a message to: <[EMAIL PROTECTED]>. In the 1st line of the message type: subscribe gkd OR type: unsubscribe gkd For the GKD database, with past messages: http://www.GKDknowledge.org
