There’s no place like home, particularly when it comes to preferred payment mechanisms. That’s why businesses looking to expand internationally need to ensure that their strategic approach includes diversification of payment methods and the integration of local payment solutions. “You need to embrace local payment methods and prioritize them...
Etsy says it is working with Payoneer to help more sellers get paid in their local currencies. The eCommerce platform announced this week that it was expanding its Etsy Payments service to sellers in Thailand and Ukraine, with plans to include Japan, Chile, Argentina, Peru and India (export sales...
Payment infrastructure provider Mangopay has launched a partnership with digital commerce platform VTEX. The collaboration is designed to give marketplace operators a single pay-in and pay-out solution and provide frictionless buying and selling experiences, IBS Intelligence reported Tuesday (Sept. 26). According to the report, marketplaces powered by VTEX will be...
Uruguay-based payments services provider dLocal is reportedly seeking a buyer. The company has been working with a financial adviser about a potential sale, Bloomberg News reported Monday (Aug. 14), citing sources familiar with the matter. The same sources said dLocal had received takeover interest. A...
May 08, 2024
There’s no place like home, particularly when it comes to preferred payment mechanisms. That’s why businesses looking to expand internationally need to ensure that their strategic approach includes diversification of payment methods and the integration of local payment solutions. “You need to embrace local payment methods and prioritize them unless you want to have a lot of cart abandonment,” […]
February 24, 2023
Merchants are expanding their operations abroad on a grand scale, taking advantage of the eCommerce boom to market in new regions and demographics. While industry giants such as Alibaba and...
December 01, 2022
Local FinTech wallets are a key part of the Asia-Pacific (APAC) eCommerce ecosystem. Whether Alipay in China, Paytm in India, Kakao Pay in South Korea or Rakuten in Japan, shoppers...
July 21, 2022
Among the most mobile-centric nations on earth, South Korea is a ripe opportunity for eCommerce merchants provided they learn the terrain — namely, payments localization. With the world’s 10th-highest gross...
July 09, 2024
Zuora and Ebanx partnered to enable Zuora’s customers to accept local payment methods in 13 countries in Latin America and two in Africa. The collaboration will support the global expansion of subscription-based and recurring revenue businesses, the companies said in a Tuesday (July 9) press release emailed to PYMNTS. “Having a local partner like Ebanx […]
September 26, 2023
Payment infrastructure provider Mangopay has launched a partnership with digital commerce platform VTEX. The collaboration is designed to give marketplace operators a single pay-in and pay-out solution and provide frictionless buying and selling...
August 15, 2023
Uruguay-based payments services provider dLocal is reportedly seeking a buyer. The company has been working with a financial adviser about a potential sale, Bloomberg News reported Monday (Aug. 14), citing...
November 05, 2019
Wirecard announced that it is set to gradually acquire all shares in Bejing-based AllScore Payment Services so it can expand into cross-border licenses. After the deal is closed, Wirecard will...