A Singaporean startup that makes it easier for Singaporeans to buy from US websites.
Can one make it easier for Indian consumers to buy from the US ?
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YEs indeed there is 1 service provided by Singpore post that provide Indian consumers from US.
Take a look:
http://www.vpostasia.com/india/index.html
Hi All,
Guess my comments are quite late. But noticed this forum only today.
Something you missed out on their business model;
1) Firstly they dont source from local suppliers. They are just as a Freight Forwarding Company. Customers directly order from US Shopping Websites.
2) In Singapore, the duties and customs are different for Individuals and Corporates. For individuals there are no duties upto a certain amount. Because of the above model, the transactions fall under individual category and hence in most cases they are duty free
3) When you do a transaction on a US website, they verify your card’s billing address in the Card Network. If it is a non US address, most of the sites doesnt ship. But if the card is registered with comGateway, this address verification goes through. There is a complex internal process involved and arragements with card companies and banks. This is a major technical edge for comgateway. They enable your card to shop on US websites.
and many more…
Why does this need to be its own, separate service ? When the sleeping giant that is the Indian e-commerce market awakes, the rumblings will be heard in the U.S., and you can bet that online shops will be open and hungry for Indian customers, just like Switzerland is wooing Indian tourists with Bollywood.