Friday, 24 March, 2023

Singapore introduces safety rating for e-com platforms

<p>Singapore has introduced a rating system that evaluates e-com marketplaces based on their anti-scam policies. Its technical rules for online transactions have also been modified to include more information on avoiding scams. One tick is the lowest rating, while four ticks is the highest. E-marketplaces should consider putting in place precautions against fake merchants and merchants who are suspected of fraud should be blacklisted from the marketplace.</p>