The German ecommerce market is the second biggest in Europe and the fifth biggest in the world. With extremely healthy online sales figures of USD64 billion (tipped to hit USD83 billion by 2018) it’s a good time for international merchants to consider moving into this lucrative, booming region.
Read more “WATCH: How It’s Paid: The German Ecommerce Market”
For an online travel agency (OTA), entering new markets presents a specific set of complications. Not only are you juggling languages, legislation and currencies, you’re also dealing with travelers from different cultures who may expect different things from the experience. The only way to survive when expanding internationally is product localization using in-depth knowledge of your target region.
Read more “Localization is key to cross-border growth for online travel agencies”
A must-see collection of insights into how shifts in consumer technology will shape consumer behavior between now and 2020.
With 380 million shoppers and an annual revenue of USD670 billion, Chinese ecommerce is one of the most exciting sectors in the world. Breaking into the market is not a simple process, however. The Chinese online shoppers is extremely choosy about where and how they buy their products. Unless you understand their preferences, it will be impossible to get their attention in such a competitive region.
Last week, over 1000 merchants and payment experts gathered in Berlin for 2017’s Merchant Payment Ecosystem (MPE) conference. Across a packed three days, all of the key issues facing our industry were placed under the microscope, with thrilling keynote speeches and a lot of networking.
On Wednesday, it concluded with the prestigious MPE award ceremony… where Payvision and Acapture took home gold as the best PSP of the year! The Best PSP Award honours the provider that offered the leading overall service over the previous twelve months.
The P2P sharing economy has revolutionized the way we access products and services. By allowing companies and consumers to deal directly with one another, platforms like Airbnb and Getaround have forged an entirely new business model. It is also a lucrative one, as P2P marketplaces collect a healthy commission on every deal. This model creates certain payment complexities, however. Indeed, payments are one of the most pressing issues facing the industry, significantly impacting business growth.
Boasting the 6th biggest ecommerce market in the world and the 3rd biggest in Europe, France represents attractive territory for online merchants looking to branch out internationally. In fact, 6% of all French retail is done online. Yet, while the French buyer is comfortable with web-shopping, that does not mean getting their attention and capturing their business will be easy.
Boatsters is an Amsterdam-based ecommerce marketplace that supports agreements between boat enthusiasts and boat owners in various regions across the globe. As a rapidly rising company in the lucrative sharing economy, it needs a payment solution that can deal with complex transactions.
When ecommerce payments need to be split, things quickly get complicated. Dividing a transaction manually drains time, resources and money. If the recipients operate in different regions, varying financial regulations and currency exchanges come into play. SlicePay ensures even the most complex transaction is settled with minimum hassle.
In the video below I explain it in more detail.
When Payvision launched Acapture a little over one year ago, we knew that a new type of payment service provider (PSP) was needed. Payment processes were not in step with the pace of modern retail. Major PSPs were still relying on bloated, inflexible payment solutions from previous decades, which were slowing down their clients’ growth.
As we built our new platform, we put flexibility and data science at its heart. The flexibility would ensure each client got a solution crafted to their needs, while the data aspect meant changes could be made to improve conversion rates as the client used the solution.