Gordon Campbell | Parliament TV | Parliament Today | News Video | Crime | Employers | Housing | Immigration | Legal | Local Govt. | Maori | Welfare | Unions | Youth | Search


Electronic certainty to boost consumer trust

Electronic certainty to boost consumer trust and business efficiency

Government legislation supports industry

AUCKLAND, New Zealand — Microsoft New Zealand said today that the passing of the Electronic Transaction Bill provided electronic certainty which would help boost consumer’s trust of technology.

The Electronic Transaction Act, puts electronic transactions on the same legal footing as paper-based transactions, and provides for certain paper-based statutory requirements to be met electronically.

Microsoft New Zealand Managing Director, Ross Peat said that Microsoft, in collaboration with industry counterparts, had been working hard to build consumer trust through self-regulatory means, and despite a significant amount of success, governments had an important role in creating legal frameworks to help ensure transactional certainty.

“This Act adds crucial weight to what we are trying to achieve in the industry,” Mr Peat said. “More importantly, the ETA will ensure that New Zealand stays on-par with our international counterparts and will help make global e-commerce transactions more seamless.”

Consumer confidence, certainty and trust in terms of conducting electronic transactions is imperative, especially if New Zealand wants innovation and entrepreneurship on the Internet to realise its full potential, “ he said.

“The positive impact on the wider business community will also be significant, as the Act will inevitably lead to reduced compliance costs for all businesses, and will enable new processes and business models.”

About Microsoft Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and Internet technologies for personal and business computing. The company offers a wide range of products and services designed to empower people through great software — any time, any place and on any device.

© Scoop Media

Parliament Headlines | Politics Headlines | Regional Headlines

Gordon Campbell: On The Supermarket Scam, And On Tunisia’s Scrapping Of Democracy

Are we paying too much for our groceries? Hmm. Is the Pope a Catholic? Given that the two Australian supermarket chains that dominate our grocery industry routinely rack up profits in the order of $22 billion annually, that’s a no-brainer. Yet as with New Zealand’s other socio-economic problems created by our 1980s reforms, the practical solutions seem pretty thin on the ground... More>>


Government: Bill Introduced To Protect Against Conversion Practices

Legislation has been introduced to Parliament to protect against practices intended to change or suppress someone’s sexual orientation, gender identity, or gender expression... More>>


Government: Welcomes Draft Report On The Retail Grocery Sector

The Commerce Commission’s draft report into the retail grocery sector is being welcomed by Government as a major milestone. “I asked the Commerce Commission to look at whether this sector is as competitive as it could be and today it has released its draft report for consultation,” Commerce and Consumer Affairs Minister, David Clark said... More>>


Child Poverty Action Group: Poverty Burden For Children Increased Due To Government Neglect - New Report

Poverty, inequity, homelessness and food insecurity are among the burdens which increased for tamariki Māori and other children in the first year of Covid-19 - partially due to Government neglect... More>>

NZUS Council: Welcomes Nomination Of Senator Tom Udall As US Ambassador To NZ

The NZUS Council welcomes the nomination of Senator Tom Udall to the role of US Ambassador to New Zealand and Samoa, NZUS Council executive director Jordan Small said... More>>

BusinessNZ: Visa Extensions Welcomed
BusinessNZ has welcomed the extension of some critical skill visa durations and changes to immigration systems to speed processing. Chief Executive Kirk Hope says move acknowledges advocacy by the hospitality sector, the BusinessNZ Network and others, and comes not a moment too soon.... More>>

Social Development: Government Initiatives Contribute To Fall In Benefit Numbers

Minister for Social Development Carmel Sepuloni has welcomed the release of the June quarter Benefit Statistics which show a continuing fall in the number of people receiving a Main Benefit... More>>




InfoPages News Channels