The recently released G20 e-Trade Readiness Index ranks countries on their e-trade readiness. It does this by looking at five key categories: investment climate, internet environment, international trading environment, regulatory and legal frameworks, and e-payments readiness. Australia came out on top with Argentina at the very bottom.
Interestingly, island nations took out three of the top five spots (Japan, UK, and Australia). This is thought to be due to their reliance on international trade and developing appropriate online infrastructure.
"Australia has affordable internet access, a well-developed regulatory framework for commerce, high usage of electronic payment methods, and high smartphone penetration," the index report said. foundU will be releasing a smartphone app over the coming months to harness Australia's high smartphone user rates.
Australia was strong in the domestic internet environment and e-payments. foundU is a business that operates in these environments and is extremely competent in them.
The report was particularly focused on how small-to-medium enterprises
can be successful on the internet. With Australia's strengths in e-trade
foundU is uniquely poised to grasp these opportunities. foundU is a
complete online business. We offer businesses a scalable and flexible
workforce that suits their location. With Australia's excellent domestic
internet and e-trade environment all you need is an internet connection
to join foundU.
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