The UK is set to exit the single market in just four short months. As you seek out ways to mitigate potential issues at the border post-Brexit, what alternative solutions have you considered? Implementing a third-party Merchant of Record (MoR) relieves your business of VAT challenges, enabling you to expand to new markets quickly.
The UK’s Financial Conduct Authority (FCA) is opting for an 18-month phased implementation of the Secure Customer Authentication rules for ecommerce transactions, instead of an action date of Sept. 14. Eric Christensen of Digital River provides some context in this latest MCM CommerceChat podcast.
Four out of five consumers in the UK will not purchase from ecommerce sites that do not list their prices in British Pounds, according to a survey of 1,000 people in the UK by One Hour Translation. Here’s what you need to consider if you sell to customers in the UK.
U.S.-based merchants should not need to worry about selling to U.K. customers in a post-Brexit world.
Although U.K. voters chose to leave the European Union on June 24, and the decision had a major negative impact on the world’s financial markets, at least one U.K. businessman says it’s steady-as-she-goes for cross-border ecommerce.
Is Staples looking to exit Europe? It certainly looks that way as CEO and chairman Ronald Sargent said the company has been challenged by weak results in Europe. See what strategic plans Staples has moving forward with its global operations.
ShipStation has announced new carrier integrations in Canada and Australia, as well as expanding into the UK.
Chargebacks911 is urging merchants in the UK to understand and use reason codes in the light of newly released fraud statistics. Figures from Financial Fraud Action UK reveal that financial fraud losses grew by 26% in 2015.
After investing heavily in an international team, online home goods and decor retailer Wayfair announced it will broaden its global reach to include Canada and Western Europe. While there are still many pieces to tie together, Wayfair is moving full steam ahead with its global initiatives, see what those initiatives are and what they will mean for the brand.
The MCM Outlook 2016 survey results are in… and it looks like Canadian consumers are U.S. merchants’ cross-border buddies. While Canada may not be a surprise as the most-popular country U.S.-based merchants sell into, the other four may be a shot. Click through to find out, and let us know which countries you’re selling into.
U.S. shopping holidays such as Black Friday and Cyber Monday are capturing a cross-border audience. Cross-border consumers are continuing to shop online from their favorite American retailers and brands this holiday season while taking advantage of special deals and seasonal promotions, according to data from Pitney Bowes.