The PILOT2 initiative of the Philippine Internet Commerce Society goes online on September 15. It will be the first Philippine site to accept credit card payments over the
Internet.
The project www.shops.com.ph or PILOT2 seeks to set up a business-to-consumer (B2C) electronic commerce Web site.
Its objectives include creating an e-commerce mall to demonstrate the
benefits of actively taking part in the electronic marketplace;
demonstrating the secure environment in handling electronic payments
on the Internet in cooperation with the E-Commerce Promotion Council and Equitable Bank; and determining the viability of the pilot project to continue as a full pledged e-commerce mall.
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The PILOT2 project started in September 1998. Bringing to life the
potentials of e-commerce in the Philippines demands the collaborative
efforts of dedicated entrepreneurs.
Given the diversified nature of
the processes, the project also requires a diversified team that will
commit to handling different segments of the of the e-commerce value
chain.
Behind the PILOT2 project are the Philippine Internet Commerce
Society for overall project supervision; the E-Commerce Promotion
Council as the approving agency; Intel Philippines for server
hardware support; and IBM Philippines for Net.Commerce Software Support.
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Equitable Card Network will provide electronic payment gateway support; Mosaic
Communications will offer Internet connectivity support; ITAC will bring security
firewall support; and Web Philippines Inc. will provide project management and web
site development support.
Participating merchants for the PILOT2 project includes: The Leather
Collection, Goodwill Bookstore, Makati Business Club, BusinessWorld Online, Mosaic Communications, Inc., Philippine Daily Inquirer, Power Mac, and Skytel/Powerpage.
The PILOT2 project has been accepted by all local
and international VISA, Mastercard, JCB cards on the site. At the
moment, participants of the PILOT2 will have to pay the merchant bank
Equitable Card Network a 5 percent fee.
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After 6 months, participants of the
PILOT2 will discuss other potential arrangements. Should
there be any disputes in the transaction from the cardholder, unless
proven otherwise, the participating merchants will shoulder all back charges.
The front-end interface of the site is currently being worked on
prior to the launch. Until the E-Commerce Law is passed, Equitable
Card Network will not fully offer this Internet payment service to
the public but only to selected groups.
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First Philippine Site to Accept Credit Card Payments 
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