Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Trade Me Launches New Services

PRESS RELEASE - FOR IMMEDIATE RELEASE - 13 Jan 99 -

Trade Me Launches Shopping Basket And Payment Services

Trade Me today announced SafeTrader Shopping Basket, a service that allows web site operators to add shopping basket capabilities and payment processing services to their web-sites. Aimed at smaller site operators, the service can be setup within minutes and is free.

Based on the SafeTrader escrow process, buyers make payment to SafeTrader, who secures funds in trust until the merchant has delivered the goods. The buyer is given an inspection period, and may elect to return the goods. SafeTrader uses track-and-trace integration to confirm delivery of goods.

"This service provides NZ businesses selling goods within New Zealand to add shopping basket and payment facilities to their site in minutes." Managing Director Sam Morgan says. "We are now working to develop SafeTrader as a trusted brand. This is one of the major barriers to e-commerce - establishing trust with the person you are buying from over the Internet. With a trusted brand and trusted process, buyers do not need to rely so much on the good-will of the merchant."

Targeted at smaller web-site owners, the service is free to setup and maintain, with a 5% transaction fee levied on each order. Trade Me intends to trial the service in New Zealand briefly before launching it in Australia.

The service can be found at www.safetrader.co.nz/merchant/

ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Media Mega Merger: StuffMe Hearing Argues Over Moveable Feast

New Zealand's two largest news publishers are appealing against the Commerce Commission's rejection of the proposal to merge their operations. More>>

Elsewhere:


Approval: Northern Corridor Decision Released

The approval gives the green light to construction of the last link of Auckland’s Western Ring Route, providing an alternative route from South Auckland to the North Shore. More>>

ALSO:


Crown Accounts: $4.1 Billion Surplus

The New Zealand Government has achieved its third fiscal surplus in a row with the Crown accounts for the year ended 30 June 2017 showing an OBEGAL surplus of $4.1 billion, $2.2 billion stronger than last year, Finance Minister Steven Joyce says. More>>

ALSO:

Mycoplasma Bovis: One New Property Tests Positive

The newly identified property... was already under a Restricted Place notice under the Biosecurity Act. More>>

Accounting Scandal: Suspension Of Fuji Xerox From All-Of-Government Contract

General Manager of New Zealand Government Procurement John Ivil says, “FXNZ has been formally suspended from the Print Technology and Associated Services (PTAS) contract and terminated from the Office Supplies contract.” More>>