Navigating Europe’s Complex Payment Landscape Payment gateways married into compliance of SCA, multiple payment options, and cross-border VAT obligations are the requirements pitched by European merchants. Adyen leads the pack with its ability to directly connect to European acquirers in a bid to bring down interchange costs for its domestic card payments. Mollie is best […]
Why Offshore Payment Processors Reduce Account Freezes At present, offshore payment gateways can save you from flash freezes of funds because it has banking tie-ups with different jurisdictions. Processing such as PaySpacelv (Latvia) and CCBill (Malta) diversifies merchant funds in EU-accredited banks which reduce the likelihood for a total freeze. High-risk industries are known to […]
Navigating Latin America’s Complex Payment Ecosystem These marketplaces in Latin America are in need of payment gateways that are well-tailored local payment methods or able to break through the obstacles posed by banking frameworks. The Brazillian Pix instant payment system now has a share of over 30% in all ecommerce transactions; it needs direct integration […]
Reducing Currency Conversion Costs Traditional payment processors do charge about 2-4% in hidden markups on currency exchange reducing international profit margins. For example, new-age challengers like Wise (previously called TransferWise) for Business or Revolut Merchant Services can keep accessing near-interbank rates by keeping balances in several currencies to enable individual businesses to access EUR, GBP, […]
Choosing the Right Global Payment Infrastructure Growth in foreign markets requires a payment gateway that can smoothly serve multi-currency, regulation, and payment types. Top global processes like Adyen or Payoneer provide integrated platforms, connecting with hundreds of local acquirers to significantly improve region-wise approvals. The solutions accommodate anything from credit card payments to alternative payment […]
Understanding Sharia-Compliant Payment Processing Islamic finance concepts are built upon the prohibitions of riba (interest) and gharar (uncertainty), thus requiring payment gateways to adopt different transaction cultures in Muslim markets. PayHalal and Islamic Banker are two gateways that provide Murabaha-based solutions whereby the gateway purchases products on behalf of the consumer and sells them at […]
Removing Friction from Global Transactions The ultimate thing that can make cross-border payments a success are the local familiar forms of payment that induce low friction in conversion. It’s best to start integration of regional APMs through aggregators like Rapyd or PPRO-they will grant you access to hundreds of local options including Brazil’s Pix and […]
Overcoming Asia’s Unique Payment Challenges Due to different payment arrangements and complex regulations, payments into the Asian markets will need payment gateways. Commercializing Alipay+ players like AsiaPay and 2C2P just give them access to China’s first local payment scheme Alipay/WeChat Pay, followed by GrabPay in Southeast Asia and UPI in India. In Japan, specific processors […]
Tapping Into Africa’s Mobile-First Payment Landscape Africa’s economies are marching toward a payment structure that is more inclined towards mobile money rather than traditional credit cards. East Africa led by M-Pesa, which handles over 12 billion transactions by the year,has gateways like DPO Group allowing such direct integration to it. For instance, USSD banking in […]
The Psychology of Localized Pricing Conversion rates benefit more than 30% when prices are shown in the home currency; careful implementation is key. Advanced payment gateways like Revolut or Wise will geo-locate the customer and show local sums and charges in the base currency. The trick to making this work is dynamic rounding of prices, […]