The Department of Science and Technology (DOST) and LandBank have signed a memorandum of agreement (MOA) on Feb. 28, 2017 to implement the oneSTore.ph Project, the e-commerce webb application that provides a marketing platform for micro, small and medium enterprises (MSMEs) that are assisted by DOST under its Small Enterprise Upgrading Program (SETUP).
The project offers consumers an effortless shopping experience and at the same time gives retailers simple and direct access to the largest customer base in the country.
Under the MOA, LandBank serves as the payment solution system of the oneSTore.ph project through its ePayment Portal (ePP) which provides a secure and convenient payment platform while facilitating operational and cost efficiencies for seller-MSMEs.
With the oneSTore.ph project, the entrepreneurs can promote and sell their products online not only throughout the Philippines but also to other countries.
Initiated by former DOST Secretary Mario Montejo and developed by DOST Region 2, oneSTore.ph was launched in July 2015 and has already uploaded/featured over 10,000 products ranging from food, agriculture, furniture, handicrafts, metals, and other items like bath essentials, personalized gifts and accessories. (DOST press release)