| The streamlining of international trade | | | | the websites. |
| process was made available to simplify | | | | |
| information and data access for SMEs in order | | | | -Use the following foolproof steps to secure |
| to conduct their international trade.To begin | | | | your information and payment. |
| with, the system was developed to include the | | | | |
| expenses on communication, banking, | | | | 1.Secure websites will have secured protocols |
| insurance, and inspection in addition to the | | | | like https:// unlike the usual http:// |
| traditional production & trading expenses. | | | | |
| With the new system for international trade, | | | | 2.When secure pages load, an icon of a lock |
| SMEs can now research the market, pickup | | | | shows up at either within the address box or |
| leads in a seamless ambience for online | | | | right most corner of your browser. |
| transactions. | | | | |
| | | | 3.Secure pages are certified by agencies like |
| -International Trade- Internet based product | | | | Verisign and Thawte corporations |
| selection | | | | |
| | | | 4.Certificates can be viewed by clicking on |
| The present system for international trade | | | | the icon of lock to confirm validity and |
| with a computer and internet requires you to | | | | encryption details. |
| possess an internet connected computer. | | | | |
| Importers will visit vendors' websites; | | | | -International Trade System |
| browse specifications for chosen products. | | | | |
| Once done, the products of required | | | | The computerized system for international |
| specifications can be selected and an order | | | | trade works through internet and initiates by |
| form can be generated for just the selected | | | | importers choosing and placing orders on |
| products of the already selected | | | | suppliers over their websites. Websites can |
| specification. Before you complete the | | | | be owned by a single exporter or collectively |
| international trade order, the order can be | | | | by their associations. Processing the trade |
| checked and/or corrected for details of | | | | sends the completed form to a server linking |
| product name, quantity, rate and total price. | | | | with the particular client's computer who |
| The order can be cancelled if it is | | | | receives the order. The system works |
| unsatisfactory for any reason. Similarly, | | | | efficiently even for websites with plurality |
| confirming it requires importers' information | | | | of suppliers and the orders are transmitted |
| like name, company's name contact and | | | | to the chosen supplier and is never |
| shipping addresses, insurance, payment | | | | misdirected. The systems are robust to handle |
| details etc. | | | | transactions flawlessly and servers are |
| | | | configured to send orders to definite |
| -International Trade - Providing Payment | | | | suppliers and a confirmation will be sent you |
| Details in International Trade | | | | and the whole system will be automatically |
| | | | updated for stock position and lead time |
| This is the most critical part of online | | | | data. It provides a secure method, albeit |
| international trade; it requires sensitive | | | | through internet, for international trade and |
| information like bank account/credit card and | | | | saves time for both buyer and seller and if |
| telephone number to be transmitted. To | | | | configured provides a negotiating platform |
| eliminate fears of this information from | | | | for both buyers and sellers. |
| being intercepted, check the credentials of | | | | |