Merchants should prioritize payment providers who offer a unified platform to simplify management and reduce complexity across domestic and international transactions.
Focus on payment solutions that provide transparency in fee structures to accurately understand and control processing costs.
To expand globally, businesses must consider payment providers that support diverse local payment methods and currencies to improve conversion rates and customer experience.
Implementing robust fraud prevention tools and risk management strategies is crucial for securing online transactions, especially when operating internationally.
The process of collecting and processing online payments is confusing. There are many parties involved, and the fees are oftentimes difficult to decipher. One company that hopes to clear up the payment process, and to simplify payments from international customers, is Adyen. Its president of North America, Peter Caparso, joins Practical Ecommerce’s Kerry Murdock.
Frequently asked about this episode
What does this episode say about financial technology?
Merchants should prioritize payment providers who offer a unified platform to simplify management and reduce complexity across domestic and international transactions.
What does this episode say about international ecommerce?
Focus on payment solutions that provide transparency in fee structures to accurately understand and control processing costs.
What does this episode say about operational efficiency?
To expand globally, businesses must consider payment providers that support diverse local payment methods and currencies to improve conversion rates and customer experience.
What does this episode say about payment processing?
Implementing robust fraud prevention tools and risk management strategies is crucial for securing online transactions, especially when operating internationally.