World Market- Lifts Millions Out Of Poverty

HUNTINGTON BEACH, Calif. - Nov. 1, 2013 - PRLog -- Since the 1980s many have claimed that the Internet with online shopping malls (eCommerce) would power major economic growth in the developing countries.  More than 30 years have passed. Internet access has exploded to 2.4 billion users, but eCommerce has not provided the economic power promised to the developing countries.

According to Glenn Gearhart, CEO of World Market Vendor Services (World Market), a leader in the Second Revolution of global eCommerce, the game is now changing.  He stated: “The facts are clear. Internet usage has exploded but eCommerce has not provided the economic power promised to the developing countries.  Yes, global eCommerce has grown from year-to-year, but it has not, and can not go viral and explode in growth. It can’t because of the actual and inherent financial losses and risks that are imposed on each eCommerce merchant by the existing online credit card based payment system.”

He points to World Market as proof that a new dawn is rising for the over 2 billion Internet users who either do not have, or will not use, a credit card for online purchases.

In his discussion he also stated:  “The Second Generation of eCommerce  provides both businesses and individuals direct access to the global free enterprise services needed to grow every developing county’s economy.  It has been proven over and over, that sustained year-on-year economic growth raises the standard of living of all. Whether you measure growth using the GDP (Gross Domestic Product), the electricity production and consumption, the annual per capita income, or the annual amount of wholesale or retail sales, the answer will be the same.”

He also discussed that the result of delivering free enterprise eCommerce year-on-year growth will ultimately raise the standard of living of all individuals. The result does not mean, equal out come for all. Some individuals will receive more benefits than others. The Second Generation of eCommerce does not grant everyone social justice or financial equality. But the end result is that the standard of living of all will rise.

He claimed: “The key to the success of this Second Revolution is the leadership and technology developed by World Market. With the use of the Company’s new proprietary online cash-based payment technology and global eCommerce services, all individuals, businesses and countries, can receive the benefits and financial rewards offered from eCommerce.”

Currently operating in beta, in 235 countries and territories, the Company will soon transition to full service and the great Second Revolution will commence!  To view, in beta, the cash-pay shopping mall, with service in 66 languages, visit: http://worldmarket.pinpay.co/home.php.

In his closing statement, Dr. Gearhart stated: “For those who have prayed and longed for the day when the billions of individuals who live in poverty could begin to rise up to a better life, it is time for you to tell them- NOW, at World Market, they have the ability to sell their products to consumers throughout the world and to buy products they need at competitive prices from vendors worldwide.”