PSW, Alibaba.com partner to boost trust in global e-commerce, support Pakistani exporters
Pakistan Single Window (PSW) and Alibaba.com have signed an agreement to introduce a digital Trade Data Confirmation Service, combining PSW’s digital trade infrastructure with Alibaba.com’s global B2B marketplace to help strengthen trust and facilitate Pakistani businesses’ participation in international e-commerce, a statement said on Friday. Under the arrangement, the service will offer an…
Pakistan Single Window (PSW) and Alibaba.com have joined forces to launch a digital Trade Data Confirmation Service. This new initiative aims to bolster trust and support for Pakistani businesses engaging in international e-commerce. The collaboration merges PSW's digital trade infrastructure with Alibaba.com's global B2B marketplace, creating a more secure environment for transactions.
Through Application Programming Interface (API)-based requests, the service will verify data without the need to transfer actual trade information. Such verification will bolster buyer confidence in Pakistani suppliers by confirming their export declarations digitally, reinforcing trust in cross-border transactions. Syed Aftab Haider, CEO of PSW, highlighted how the partnership showcases how Pakistan's digital trade infrastructure can foster innovative services that enhance trust in international trade.
Meanwhile, Summer Gao, Head of Pakistan Business at Alibaba.com, expressed delight at the partnership, emphasizing the service's potential to make global business processes smoother for Pakistani exporters and set new standards in transparency and reliability in the realm of international e-commerce.
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