Countries government began to implement a variety of initiatives and policies to promote E commerce at the government level based on the Comprehensive Policies for E Commerce Development. Each country tries to build the national strategy for promoting E business to build an E business network across industries, strengthen the participation of the public sector, expand the e-business operation base, and globalize the scope of E business.

Vision for E Commerce Thriving

In order to thrive the E commerce through the nations, governments will play a major role in developing E commerce. The government will fully promote E commerce as a means to realize structural innovation and strengthen countries corporate competitive edge. To this end, applicable acts and regulations including those for electronic approval processes, E trade, and consumer protection will be continually fine-tuned and standardized as needed. The government will also systematically expand the necessary infrastructure by promoting the development of necessary technologies, recruiting professional human resources, and expanding the high-speed information network. This will foster a strong foundation for E commerce across the national economy.

To respond more effectively to the changes in the international economic landscape due to the WTO New Round, China’s entry into the WTO, and rapid changes in global economic conditions, each country's government will play an active role in the globalization of E business. To this end, cooperative ties with neighbor country's or advanced country's e-commerce will be strengthened to build the framework for e business. It will also pursue a global strategy for E business by building an E commerce cooperation network with such countries as the U.K., Finland, Korea and Singapore.

Driving Factors for Development of E payment in Nations Level

Government

- Developing E commerce in nations level

- Establish the standard for E transactions

- Mitigate the regulation for E transaction

Consumer

- Consumers and businesses are increasingly moving from paper based payment s to electronic payments

- Payments card usage spread out

- Online security are more secured

- Growth of consumer adoption of P2P payments

- High quality services quality at low-cost for wholesale electronic payments

Technology

- Rapidly developing technologies are enabling consumers to shift from traditional payments vehicles to new payments devices

- Increased  investment in mobile payments technology amongst banks and telecommunication

- Growth in development in Smart Cards

- Investments in technologies & infrastructure seen as essential for long term competitiveness

Competition

- New players disrupting and enhancing the traditional payments value chain

- Consolidation of payments infrastructure allowing scale economies

- National payments utilities reducing barriers to entry in some smaller markets

- New processing models emerging (Insourcing, shared service utilities & outsourcing)

Macro-economic

- Growth in national GDP

- Population with high levels of technology literates

- Security awareness has created stimulus to the technology security market

Nation's E Commerce Development Process

1 Expanding the E Commerce Infrastructure

Expansion of the E business infrastructure requires efficient information communication networks, technology development, and standardization.  The government should train the number of high quality E business work forces.  The availability of the human resources required by businesses is one of the most important conditions necessary for ensuring the successful proliferation of E commerce.

2 Building the E network

It is important to expand the E business network across industries by building an industry-specific B2B infrastructure and developing different application models. This will also promote collaboration among common basic services in payment, credit guarantee, and logistics. Also, supporting SMEs in their efforts for E business implementation is a prerequisite for the growth of E commerce.

3 Globalization Of E commerce

With the objective of promoting E trade, the government should focus on building the international E trade network. For instance, PAA (Pan-Asian e-Commerce Alliance) project, where six East Asian countries (Korea, Japan, China, Taiwan, Hong Kong, Singapore, Malaysia) are working together to build a common E commerce network. It is also carrying out a pilot project with Germany to build an ASEM E trade network. Government level cooperation is actively being pursued with advanced level of countries.

Regulatory and Initiatives in Europe