Venezuela’s import and export industry is growing at a steady rate to keep abreast with the rest of the world. In response to this positive development, 444.Net ePay Enterprise has launched its own online payment system to cater to certified members who are importers and exporters in this South American country.

Certified 444.Net members are assured of continuous support from the ePay Enterprise once they meet the necessary requirements on facilities, logistics and quality control. This online payment firm will also help members with concerns on logistics. And to ensure the proper handling and security of products, 444.Net will soon open offices in places where sellers normally send their high quality goods to customers. This effort is geared towards preventing scams which sometimes involves buyers complaining about not receiving their ordered goods and asking for a refund or delivery of new products.

444.Net will initially put up a physical point of verification in Venezuela to accept Venezuelan credit cards which are governed by a currency control known as CADIVI. Credit cards in Venezuela are not accepted in other places hence, this need to open an office. With this system in place, 444.Net will be able to collect from the credit cards used by certified members in Venezuela and pay sellers who use their online payment system through bank transfer. Payment to sellers will be made once verified that they have delivered the goods ordered by customers.

After Venezuela, 444.Net targets to put up other offices in other countries and will work with selected companies in South America, the Caribbean, Europe and Asia.