Businesses are looking to shake up the way they distribute goods online.
The Government’s policy on ecommerce has been criticised by some as too restrictive.
But it has been the policy of one business which has been at the forefront of the push for e-payment.
Alpha Express, which provides online travel insurance, says it has more than 3 million members who can pay via credit cards, debit cards, cash, cheques, PayPal, and other methods.
It’s an exciting time for Alpha Express, with the company planning to launch its own payment processor, which it says will enable the company to take payments from anywhere in the world without having to ship them to a third party.
The company says its e-wallet will be used to pay for travel, to upgrade cars, and to access a range of other products including books, clothing, and travel equipment.
The business, which was founded in 1999, said it had been working on the technology for more than two years and that it has spent more than $US100 million in research and development.
Alpha is currently in negotiations with banks and credit unions, including the Western Australian Reserve Bank, to make it possible to accept payments in a range for all customers, without a middleman.
While it said it was confident of the rollout, it said there were some risks associated with using its payment processor.
“There are risks that it may not work for you, and there are risks of not being able to access the product, and then there are the risks that you will have to spend a lot of time with it, and that could be a long time for you to get your money back,” Mr Jones said.
“We have to make sure we can provide an environment that’s secure for everyone.”
And then you need to make the product that we can, so it’s not just about the risk.
“Mr Jones said Alpha was looking forward to the challenge.”
Our hope is that we are going to be able to make this product as secure as we can,” he said.
The Australian Competition and Consumer Commission said it would be reviewing Alpha Express’s compliance with the Payment Card Industry Code of Conduct, which states a merchant must comply with payment standards to operate a business.
The code requires merchants to take reasonable steps to ensure that payment card details are not used to target advertising or to track or collect customer information.
It also states that merchants must provide customers with a clear explanation of the benefits and risks of the product they use, including how they will use the product.”
It is important that we give our customers the opportunity to make informed decisions about what they buy and where they shop, and it is important they are protected from any unfair or deceptive practices,” the ACCC said.