Draft of Mexican Standard on E-Commerce
The Ministry of Economy together with the Federal Consumer Protection Agency presented the draft of the Mexican Standard for self-regulation for those sellers who offer goods or services through electronic means.
This project attends the necessities of the ever-changing digital world and derives from the independence of the market, as well as from the commercial reality of electronic transactions, with the purpose of strengthening the country’s competitiveness.
The project focuses on the importance of protecting and providing security to economic agents (producers and consumers) and establishes mainly specifications, characteristics and conditions in relation to the following:
- Security of payment mechanisms;
- Confidentiality of personal data;
- Transaction tracking; and
- Efficient ways to file petitions, complaints and claims.
By virtue of this project, consumers will be able to identify online stores where they can make safe purchases.
The National Commission for Regulatory Improvement is currently evaluating the viability of the project, so that it can be submitted for public consultation and a ruling can be made in accordance with the Federal Law on Metrology and Standardization.
Finally, as this project is a voluntary standard, it will boost the competitiveness of companies and suppliers, as well as the safety, confidence and quality service in terms of the current legal framework.