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AKIT offers to oblige online stores to accept cards for payment
21.03.2017 1213

AKIT offers to oblige online stores to accept cards for payment

The Ministry of Industry and Trade will discuss a project developed by the Association of Internet Commerce Companies (AKIT) with the participation of the Association of Electronic Trading Platforms "Strategy for the development of electronic commerce in the Russian Federation for the 2017-2018 years and for the period until the 2025 year," Kommersant writes.

In particular, the project raises the issue of payment for purchases in Russian online stores. It is proposed to oblige Russian online retailers to provide customers with the option to pay by card.

“According to our study, approximately 30% of online stores on their sites say that it’s cheaper to buy with cash. Accordingly, they work as a draft. We want such players to leave the shadows or otherwise leave the market, ”says AKIT President Alexei Fedorov.

AKIT also advocates a reduction in the cost of acquiring (the price of a payment for an online purchase with a bank card): now it is higher for online transactions than for offline payment with a card. According to AKIT, in 2015, online sellers spent 5 billion rubles on acquiring.

The project also proposes to oblige foreign online stores to create representative offices for the protection of consumer rights in the Russian Federation. The issue of regulation of commodity aggregators is also raised. It is proposed for them to introduce additional measures of responsibility and the obligation to verify the authenticity of information about online stores, goods and services that they provide.

The Ministry of Industry and Trade will discuss a project developed by the Association of Internet Trade Companies (ACIT) with the participation of the Association of Electronic Trading Platforms "Strategy for the Development of Electronic Commerce in ...
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