Senator Mark VIllar on Thursday said online sellers and consumers will be protected once Senate Bill No 1846 or the Internet Transaction Act of 2023 (ITA) will be enacted into law.

Villar, principal author of the bill, defended it during the deliberation as he also committed to the ideals and objectives of the Internet Transaction Act.

“This is good news for online shoppers and online sellers. The bill we just defended will protect merchants and consumers against fraudulent practices in internet transactions. It will address the pressing need to ensure that Filipinos can harness the benefits of the digital world without compromising their privacy and security,” Villar said in a statement.

He said through this bill, digital platforms or e-marketplaces shall be subsidiarily liable with the online merchant or retailer if it failed to perform its responsibilities as laid down in the proposed measure that caused damage to the consumer.

The bill also establishes a code of conduct for all businesses involved in e-commerce in order to safeguard and advance consumer interests.

“Maganda po na (It’s good) we discuss the concerns of our fellow senators. The purpose is to make ITA future proof so that its application will not be limited, especially sa hindi pa (those who have no) available business model at this point,” he added.

The interpellation highlighted the Senate’s commitment to deliver a well-crafted and impactful law.

Villar remains steadfast in his commitment to advocating for its passage and effective implementation.

Through his advocacy, he underscored the importance of creating an environment where individuals and businesses can confidently participate in the digital world, ensuring a safer and more prosperous online future for all.

Once enacted into law the Internet Transactions Act of 2023 will prevent online scams and assure the safety of both consumers and merchants engaged in e-commerce. (PNA)