How can the Credibility Promotion Program help to improve the credibility issue commonly faced with in a business transaction?
Any business deal will face with credibility issue that is out of being not acquainted with each other. E-commerce especially suffers torments from this regard. To help smooth out this predicament, VAP proposed a Credibility Promotion Program to promote demander’s credibility. By providing a copy of the Certificate of Incorporation and Business Registration and/or a Name List for Checking Interpersonal and Business Relationship Credit (a name list and contact information of classmate, friend, teacher, current or previous colleague, boss, or business contacts), demander can hopefully gain higher trust through reference checks and referrals. Offering the materials for reference checks, in a sense, stands for the likelihood that the demander and the information he/she provides are trustworthy. However, this mechanism is an auxiliary means in nature, there is no warranty anyhow. Members agree to provide such credibility promotion materials will also earn a higher credit index when their de
