INTRODUCTION Electronic transfer of goods and services over the internet, Includes but no limited to: online shopping, online payment, e-banking and m-banking.

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Presentation transcript:

INTRODUCTION Electronic transfer of goods and services over the internet, Includes but no limited to: online shopping, online payment, e-banking and m-banking. Infrastructure needed for e-commerce: Devices Internet service Logistics Payment system

EDI Supplier EDI

Types of e-commerce Business-to-Business Business-to-Consumer Consumer-to-Consumer Consumer-to-Business

Why e-commerce Overcome Geographical Limitations Lower Costs Provide Comparison Shopping Create Targeted Communication 24/7 Eliminate Travel Time and Cost

Internet users comparison: 74.55% 44% 26% 17.6%

Global rankings according to UNCTAD 2016 Rank Economy Share of individuals using Internet (2014 or latest) Share of individuals with credit card (15+, 2014 or latest) Secure Internet servers per 1 million people (normalized, 2014) UPU postal reliability score (2013- 14) UNCTAD B2C e-commerce Index value 2015 2014 1 Luxembourg 95 69 98 97 89.7 2 Iceland 77 100 81 89.0 N/A 3 Norway 96 67 89 87.1 4 Canada 87 92 86.3 5 Japan 91 66 99 86.1 12 90 India 18 46 68 34.0 83 118 Nepal 15 41 23 19.9 93

Trending E-commerce Regulations National Taxation Laws Consumer Protection Act Information Technology Act Enforcement Directorate Electronic Transaction Act Data Protection, Privacy And Internet Security Cyber Security Due Diligence Recently implemented law—India Discount law

Trending E-commerce Regulations NEPAL National Taxation Laws Consumer Protection Act Information Technology Act Electronic Transaction Act, 2063 Cyber Security Due Diligence Enforcement Directorate Data Protection, Privacy And Internet Security

Online payment methods by value, 2014 and forecast for 2019

CURRENT SCENARIO Unregistered online business eg:best sellers nepal, online shopping nepal, kinihala, hamro online pasal, Adz olx nepal, pasal online etc Culture Unable to digitize the system Improper taxation law Improper online payment system Lack of infrastructure

Obstacles

Findings and recommendation