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Online Gift Shop Opens Doors to ATM Market
Manila Bulletin
July 18, 2003 Filgifts.com
- a web-based gift store that serves as an alternative gift channel
for Filipino consumers worlwide - recently integrated PayPlus+ into
its website "in order to enable the over 14 million ATM
cardholders in the country to shop for presents online," said a
company executive. PayPlus+ is a web-based payment gateway that
allows users to make purchases over the Internet using ATM cards. "Eighty
percent of our clients are based overseas. They order from us mainly
because they can't physically go to the Philippines and buy presents
for their loved ones every time an occasion arises," said Gerry
Ditching, managing partner of Filgifts.com. Filgifts.com
began full operations in 2001 amidst the dot-com crash. Its
operations is niched on overseas contract workers (sic) wanting to
send gifts to the families they left behind in the Philippines. The
company's value proposition was to offer carefully chosen,
competitively priced products coupled with an efficient and reliable
delivery system. PayPlus+ was
integrated into the Filgifts website at the start of the year to
make the store's services accessible to more Filipinos and to boost
the site's local presence. Of the gift shop's approximately 9,000
registered users, only 1,800 reside in the Philippines. PayPlus+
was built by top Philippine Internet portal and online community
YEHEY! using Microsoft .NET technology. It utilizes military
standard triple DES encryption and secure socket layer technology
for maximum security. PayPlus+
has partnered with approximately 20 merchants who offer a variety of
products and services, including e-learning modules, e-government
services delivery, financial services, flowers, hotels and travel,
gifts and novelty items, and prepaid ISP, mobile, and online
community retail and value-added services. The PayPlus+ shopping
portal is currently affiliated with top BancNet member banks.
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