Failsafe Payments Took Part in International E-Commerce Conference

On November 14-15, 2012 Failsafe Payments took part in the International E-Commerce Conference

Online PR News – 20-November-2012 – London – Failsafe Payments, an international billing company based in Nicosia, Cyprus, has participated in the International E-Commerce Conference held on November 14-15, 2012 in Riga. During the official forum chaired by Rietumu Bank merchants, payment service providers, auditors and tax consultants were able to exchange practical experience and discuss the most relevant approaches to effective online business. Together with practical recommendations provided by the major e-commerce companies from European Union and CIS countries, the conference centered around the discussion of legislative and business management regulations as well as the analysis of the online market.

Supported by the aspects and points shared during the two-day discussion, conference participants got a complete idea of the current market situation with the subsequent revisions to make. “Non-cash payment services are future of online business. That’s why it is necessary to raise the interest of online merchants and maintain fair and robust competitiveness among major e-commerce payment providers. To follow the current marketing trends in the e-commerce industry, it is necessary to provide merchants and customers with convenient and highly responsive solutions”, - comments the Marketing Manager at Failsafe Payments.

The International E-Commerce Conference gave its participants the full leverage in raising the questions and issues related to ecommerce business and its future development. Providing the official speech on the role of Latvia in development of e-commerce business, the first Vice-President of Rietumu Bank pointed out: “Not for the first time Latvia provides a large-scale platform for e-commerce business professionals to consider methods of effective payment processing. In addition, the international conference facilitates Latvia to move from the regionally based center to the internationally recognized e-commerce capital in the Baltic region”.