E-Business Summit: India Credit Card, KYC Norms And Supplier Issues

Rajan Mehra, Country Manager, New Ventures & Payments, eBay India, chaired the session on “Business to Business”. He said that eBay India also transacts trucks and lorries, with the sellers including fleet owners and banks, pre-approved. The buyers are usually large buyers who want a simple process, competitive knowledge and single source for comparison. For the consumers, the key need is price maximisation when selling. For the sellers, the need is different