During the pandemic, many people began to produce goods and chose as a solution to sell them online. The National Bank of Moldova (NBM) in a video says sales online are performed everywhere in the world. They are safe and fast and can be made directly from the telephone, tablet PC or laptop. To start a business online, one needs to take several steps, the NBM noted.

“You will first choose an area that will host the online business and also the payment infrastructure, such as the e-commerce platform, marketplace etc. Then you will decide how the buyers will pay – in cash, at post-terminal or through online banking, mobile applications or e-wallet. Later, you will define the method of storing, delivering and returning products. Finally, you will deal with such legal aspects as accounting, license, authorizations, taxes and others. The banks and nonbank service providers offer different possibilities. You have to only choose one provider and to make the necessary documents,” says the NBM’s message.

The video was produced as part of the information and awareness-raising campaign “Financial education - a personal, social and economic benefit” that was launched earlier this week. Within this campaign, the NBM presents a series of videos that present financial concepts and useful information in a succinct and accessible way, IPN reports.