February 23, 2024

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DOST partners for digital payments on its e-commerce platform

Photo Credit: Henry A. de Leon/Department of Science and Technology-Science and Technology Information Institute

The Philippines’ Department of Science and Technology (DOST) has added a payment solution to OneSTore.ph, the Department’s e-commerce platform for all DOST-assisted products.

According to a recent press release, the Department signed a Memorandum of Understanding (MOU) with an online payment solutions provider to be its newest payment channel partner in order to make online purchases easier and more convenient for both customers and merchants.

What the partnership entails

The partnership is expected to enhance the online market platform of OneSTore.ph allowing for payments made with credit, debit, and with a prepaid card or e-wallet.

With the partnership, the company will provide end-to-end payment solutions for the platform through an online store gateway checkout.

The end-to-end acquiring service to be provided for the Department will include processing of payment, fraud management and resettlement solution.

This integration, through the provider’s Checkout, will allow merchants to receive settlement for their products, within a day after purchase.

Currently, it takes about two months to disburse the sales from OneSTore.ph to their over 500 merchants.

OneSTore.ph

Launched in 2017 and developed together with the Department of Trade and Industry (DTI), it is the DOST’s marketing platform, which helps micro, small, and medium enterprises (MSMEs) expand their market reach through presence in the digital space.

Products featured on the platform are from MSMEs that were assisted by the Department through its Small Enterprises Technology Upgrading Program or SETUP.

Other areas for partnership

The partnership also opens up other avenues for the two organisations to work together as the payments provider also offers to disbursement solutions for OneLab and OneSTore hubs.

OneLab is a digital platform for a network of laboratories that provides a referral system for convenient and easy access to laboratory testing and calibration services. A payment gateway checkout is being offered to this platform.

OneSTore hubs, meanwhile, are the physical stores for OneSTore.ph merchandise and are currently located in 21 sites nationwide.

Point-of-Sale (POS) terminals are being offered to the hubs. These are portable as well as Wi-Fi enabled, and have their own SIM cards for data.

Having this will enable the hubs to accept card payments instead of just cash.

Additionally, the company would also like to provide QR codes to the hubs for QR payments.

A QR code (Quick Response code) is a machine-readable code, which can be read by the camera on a smart phone. A QR payment is done by scanning a QR code from a mobile application.

Other areas for partnership between DOST and the provider is the possible application of payment systems for the Hybrid Electric Train and as possible means for disbursing allowances to DOST scholars.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

PARTNER

CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

PARTNER

Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

PARTNER

HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

PARTNER

IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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