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Daily Archives: 28 June 2007

1st Entrepreneurial E-Commerce Excellence (E3) Awards

Ito, tamang-tama sa mga (at naging) ECOMERS students:
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Objective:
To encourage the development and adoption of e-commerce in the Philippines and to provide incentives and support to would-be online entrepreneurs.

Contest Rules:

  1. Contestant(s) must be a duly-enrolled college or post-college student for school year 2006-07 in a reputable school
  2. Contest entries may be any project which involves an online payment or transaction component. The project proposal need not be 100% online (ie. actual delivery of goods may be physical). Several examples of commercial e-commerce sites can be found at  https://www.payeasy.ph/news.html.
  3. Ideas may be implemented using any commercial or open source development tool and platform. Contestant(s) may opt to use and customize off-the-shelf Mozcom NetPresence e-commerce solutions to implement the idea. Mozcom can extend technical assistance for projects that use its turnkey solutions including PayEasy payments.

Mechanics:

  1. Interested parties should fill-up the online contest entry form together with the product/service write-up to Mozcom Inc. on or before Nov 15, 2006.

UnionBankPH EON Revamps Online Banking Site

Seven years ago, Unionbank of the Philippines made a brave move in launching the country’s first Cyber Bank Account: EON. Weeks after it was launched, my college friends and I

opened our accounts without having to shell out a big amount of money as initial deposit, nor to maintain it. What’s the catch then? It does not pay you interest (if your ADB is less than 10k) and you just need to pay for the ATM card. Even comes with a free @eon.unionbankph.com email address.

Some people, especially the big guns in the Philippine Banking industry thought of the project as crazy. But to the CEO of UBP, Augusto Ortiz, the concept behind EON is very simple: their target market then (Y2000) were the yuppies (including me!) in college or just got out of college. Hence, they do not have money, yet. Years later, these yuppies will eventually find jobs or establish their own businesses, and will utilize EON for their financial transactions.

Augusto Ortiz is indeed right! Around a year or two ago, UBP was named as the Philippines’ (and I think Southeast Asia’s) most soundest bank. Now that they had acquired iBank (another great bank — IMHO), they had also launched the new EON eBanking website: