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The Role of the Technology-Enabled SMEs in Cross Border Markets Opportunities and Challenges as Technology Opens Up Global Commerce to Everyone. John Muller Vice Presiden t Global Payments Policy, eBay Inc. July 7 th , 2014. eBay Inc. Facilitates Commerce Around the World.
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The Role of the Technology-Enabled SMEs in Cross Border Markets Opportunities and Challenges as Technology Opens Up Global Commerce to Everyone John Muller Vice President Global Payments Policy, eBay Inc. July 7th, 2014
eBay Inc. Facilitates Commerce Around the World A faster, safer way to pay and get paid in all channels Worlds largest online marketplace Open source platform to help online merchants fulfill their business goals Lets users pay without using a credit card by offering an alternative credit option Mobile payments through direct carrier billing Mobile barcode pricing comparison technology Powers mobile localshopping search Provides personalized, local advertising deals
SMEs are Trading Around the World INDONESIA UNITED STATES AUSTRALIA PERU Traditional Trade Technology-enabled Trade
Challenges to Technology-Enabled SMEs Participating in Global Commerce
Suggestions for the Future • Embrace Technology to Improve the System for SMEs • Create an ePayments Subgroup within APEC’s Electronic Commerce Steering Group to study the effects of increased access to innovative financial services for SMEs • Continue to focus on the modernization of low value shipment thresholds (de minimis levels) through the APEC Committee on Trade and Investment