Ecommerce – PEPPOL
Pan-European Public Procurement On-Line (PEPPOL) a highly secured and safe international network designed to simplify the payment process between government bodies and suppliers. In 2019, the Infocomm Media Development Authority (IMDA) implemented the nationwide e-invoicing network to assist local businesses to improve productivity, save cost, enjoy fast payment, and go paperless. This network is an extension of the International Peppol E-delivery network which will allow businesses to transact internationally with other companies that implemented the e-invoicing platform. Singapore government also encourages suppliers to submit e-invoices to the Government agencies via PEPPOL e-invoicing network.