It goes without saying that the cross-border ability to reach billions of consumers around the world presents a tremendous opportunity for businesses. However, retailers are faced with pitfalls in the payment process, resulting in more abandoned carts than ever. Here is how retailers looking to go cross-border with their business can avoid these payment headaches in the shopping cart.
Online payments through digital wallets and debit/credit cards have been emerging as a preferred transaction mode in India, mainly due to ease of transaction, availability of smartphones and internet access, and enhanced security and encryption methods. Here’s how to make the most of this developing growth opportunity.
Worldpay is expanding in Australia after winning its license to process payments in what is one of Asia Pacific’s largest ecommerce markets. The company’s expansion in Australia comes at a time of sustained growth for Worldpay, which processed 13.1 billion transactions in 2015 valued at £401.9 billion (approximately $593.3 billion) in 2015.
CNP Expo was held May 24-26 at Loews Pacific Resort in Orlando. While card not present payments, fraud prevention, and handling of chargebacks were prevalent themes at the show, an awful lot of attention was paid to cross-border ecommerce. Here are 6 of the top cross-border ecommerce tips from CNP Expo speakers