Trade Minister, Building Materials Chamber forge development path for Shaq El-Thu'ban region    Jordan's PM arrives in Cairo for Egyptian-Jordanian Joint Higher Committee    Cairo mediation inches closer to Gaza ceasefire amidst tensions in Rafah    Taiwan's exports rise 4.3% in April Y-Y    Global mobile banking malware surges 32% in 2023: Kaspersky    Mystery Group Claims Murder of Businessman With Alleged Israeli Ties    Microsoft closes down Nigeria's Africa Development Centre    Microsoft to build $3.3b data centre in Wisconsin    Lebanon's private sector contracts amidst geopolitical unrest – PMI    German industrial production dipped in March – data    Dollar gains ground, yen weakens on Wednesday    Banque Misr announces strategic partnership with Belmazad digital auction platform    Egypt, World Bank evaluate 'Managing Air Pollution, Climate Change in Greater Cairo' project    Health Ministry on high alert during Easter celebrations    US academic groups decry police force in campus protest crackdowns    US Embassy in Cairo announces Egyptian-American musical fusion tour    Japanese Ambassador presents Certificate of Appreciation to renowned Opera singer Reda El-Wakil    Sweilam highlights Egypt's water needs, cooperation efforts during Baghdad Conference    AstraZeneca injects $50m in Egypt over four years    Egypt, AstraZeneca sign liver cancer MoU    Swiss freeze on Russian assets dwindles to $6.36b in '23    Amir Karara reflects on 'Beit Al-Rifai' success, aspires for future collaborations    Climate change risks 70% of global workforce – ILO    Prime Minister Madbouly reviews cooperation with South Sudan    Egypt retains top spot in CFA's MENA Research Challenge    Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Debt swaps could unlock $100b for climate action    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



E-commerce fraud spreads in Egypt, lack of counter-fraud laws: CPA head
Published in Daily News Egypt on 04 - 02 - 2015

The Internet's economic uses have increased in marketing uses, with companies selling their products and sales locally and internationally.
But with increasing internet fraud, the Consumer Protection Agency (CPA) has received many complaints related to fake e-shopping websites.
The CPA is working on developing e-commerce monitoring mechanisms for protecting consumers, through including new articles in the Consumer Protection Act 67/2006, according to CPA head, Atef Yaqoub.
Yaqoub said internet fraud has spread because it is a new kind of shopping to Egypt and there are no rules governing it. To counter fraud online, the CPA is trying to include articles relating to e-commerce.
Yaqoub added that one of these articles stated the right of every consumer to return the product bought via telephone or the internet within three days, even if there is no fault in the product.
"The CPA referred 37-satellite channels and service centres to Public Prosecution, due to advertising about fake maintenance centres appropriating the name of one of the famous brands, Zanussi," revealed Yaqoub. "These centres alleged that they are authorised agents, but it is not true, and the channels violate Article 6 of the Consumer Protection Act."
The article committed the contractor and advertised channel or agency to supply the consumer with correct information about the product. It would also avoid creating misleading impressions to the consumer.
Yaqoub confirmed that there are many fake brands misleading the authorised and known service centres to cheat consumers, through hotlines, which give consumer confidence.
In response, the CPA announced Monday some advices and guidance to the consumers when dealing with e-shopping sites.
The CPA issued some instructions when purchasing online, such as ensuring correct data and value of the purchased products. It also recommended logging-in via different sites before making the purchase, where consumers can compare the prices and specifications of each product before buying.
In addition, the CPA cautioned to carefully look over goods' specs before buying, reading the labelling and finding out about the cost of transport and delivery.
CPA warned consumers against the hotlines, and demanded the Egyptian Telephone Directory (140 online) to filter its database to get rid of the phone numbers of companies that cheat people, according to Yaqoub.
"The directory may facilitate the process of fraud without knowing, for example, if the consumer contacted the directory to ask for a telephone number of Zanussi maintenance centre and the directory also has some number of fake centres under the same name and automatically give the customer the number without making sure of it," said Yaqoub.
He continued that the Industrial Control Authority (ICA) began tightening the procedures of giving licences to companies and centres
The volume of e-commerce in Egypt was EGP 1.3bn in 2014, and is expected to increase by the end of 2015 to EGP 10bn. Yaqoub added that, by the end of 2016, e-commerce figures are expected to be EGP 17bn.
Research officer at the Ministry of Communications and Information Technology (MCIT), Nagwa Al-Shenaoui, said that e-commerce represents about 3% of the trade volume in Egypt.


Clic here to read the story from its source.