KUALA LUMPUR: Online auction site eBay and its payment provider PayPal have signed a deal with government-controlled SME Corp Malaysia that will benefit small- and medium-scale enterprises (SMEs) in the country.
“We want to help the SMEs break into e-commerce to give them a competitive advantage in the global arena,” said Datuk Dr Mohamed Al Amin Abdul Majid, chairman of SME Corp.
“By taking their business online, they will be able to compete with the larger firms — local and international.”
Under the agreement, eBay will organise education services and e-commerce workshops in several major cities across the country. These eBay education specialists will be onsite to help interested SMEs get started.
“The SMEs will also receive dedicated account support and discounts on selected fees,” said Jeff Liao, eBay’s chief executive for Greater China, South-East Asia and Japan.
The discounts include a waiver of insertion fees and selected features for the first 100 eBay listings, as well as a 25% discount on fees for the first 100 payments received via PayPal.
PayPal recently added the ringgit as an official trading currency, making it more convenient for Malaysian users and businesses to operate on eBay.
“There are a lot of misconceptions with regards to transactions on the Internet in Malaysia,” said Abdul Majid. “We hope this partnership with the world’s largest e-commerce platform will go a long way in making Malaysians more comfortable with trading online.”
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