SEEU Review vol. 6 Nr. 2 (pdf) - South East European University

Adrian Besimi, MSc.; Zamir Dika, PhDcommerce made the supply chain management more effective, and evolvedthe internal operations of the supply chain in a more dynamic and flexibleway. For that reason B2B is the fastest growing model of e-commerce in theglobal market, and has become the dominant financial model.E-marketplaces tend to link suppliers and demanders in one “portal”where companies list their products, accept inquires, maintaincommunication and sell their products and/or services. Companies usuallymanage these “portals”, and their services (the basic ones), are free ofcharge, for listing and communication purposes.The most famous web portal for B2B e-commerce is alibaba.com that islisted in Hong Kong Stock Exchange, as one of the largest online B2B e-commerce website in the world serving over 35 millions of users. Users needto register before they can view the buying leads and all that for free.E-marketplaces and MacedoniaHaving a small, release economy makes Macedonia susceptible toeconomic developments in Europe and reliant on local integration anddevelopment in the direction of EU association for sustained economicexpansion.Macedonia’s tendency is to move towards the implementation of e-services, including the e-payment and e-commerce as well as many e-governmental projects.In contrast to other European countries, the e-payment system inMacedonia is very new with the major reforms of 2000-2002. At that time,the National Bank, and the Government invested in the ICT infrastructure,and a new state of the art electronic finance transfer system, KIBS andMIPS, was introduced, according to Financial Stability Report from NBRMand others.Starting that time a lot of foreign investors invested in the financial sectorof Macedonia. Subsequent to the privatization of the fiscal sector, Banksintroduced innovative modern ways of expenditure management, andintroduced diverse electronic payment instruments, e-payment machines,such as: ATMs, imprinters and POS terminals.106