If you’ve been working in retail this 2020, then it’s likely you’ve been able to take advantage of a genuinely global marketplace.
The power of digital communication and the potential of ecommerce as made it easy to sell to people thousands of miles away, as well as close to home, and this has helped to fuel the massive boom in online retail during the pandemic.
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The rise of cashless payments has been a prominent factor in the evolution of markets across the face of the globe for the past decade at least. We look at how the COVID-19 pandemic has shaped the international payments market and the fraud risk with it.
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If you are selling goods or services – whether to the public or other businesses – you probably know only too well that payment methods are in the vanguard of technological development in the business world. You will likely also recognise the importance of getting to grips with the language used in such transactions and so we thought we would cover some of these terms in our latest blog.
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If you are a business looking to move into emerging markets, it is important to have a full grasp of the regulations which cover card payments in those regions. We explain how this can be a minefield and how working in partnership with an expert payment provider will give you a competitive advantage.
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14th October 2020
As cashless transactions begin to dominate more of our lives, it’s easy to assume that the framework for transferring funds effortlessly is already firmly in place.
This might be the case in a single market, but in April 2020, the G20 group of countries published a report – ‘Enhancing Cross Border Payments’ – which set out the complexity of the many current arrangements for cross border payments.
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