Expanding your business globally can be a challenge, especially while working with an international customer base or workforce. That’s why our writers go in-depth to explore the differences in specific local and regional payment preferences. We help you understand how regional differences in connectivity, technological adoption, financial services infrastructure, and other factors lead to different payment preferences, including local payments, cross-border payments, and a range of alternative payment methods.
Rapyd empowers Kadmos and Lucy to reach more underbanked and underserved populations. Financial inclusion remains a pressing issue, with many underbanked and underserved populations struggling to access essential banking and financial services. Rapyd helps to bridge this gap by providing…
In Spain, mobile-friendly commerce is a must and PayPal is a popular way to pay online. The Spanish ecommerce market continues to rebound, reporting an energetic CAGR of 14.2% expected through 2025. After years of sluggish growth from high unemployment…
Rapyd study reveals five key challenges your business faces when growing cross-border. Rapyd conducted a study to understand how businesses view cross-border commerce in their organizations’ overall priorities. This online quantitative study was conducted by surveying cross-border commerce decision-makers of…
Rapyd research reveals the most popular payment methods in Mexico and how Mexicans prefer to shop and pay. While Mexico’s ecommerce market is smaller than neighbors such as the United States and Brazil, it is growing quickly. Thanks to a…
New Rapyd research uncovers Germany’s most popular payment methods and the ways Germans prefer to shop and pay. Germany continues to rank in the top ten of the most profitable ecommerce sales markets worldwide. The tech-savvy population is well-versed in…
Rapyd research reveals the most popular payment methods in Brazil and how Brazilians prefer to shop and pay. Brazil’s massive population of young, tech-savvy buyers offers vast growth potential for international businesses looking to expand their operations. As new technologies…
Grow your cross-border business with Rapyd's country-by-country guide to the most popular payment methods With the continued rise of ecommerce, there are now more payment options than ever before. From contactless payments to digital wallets, merchants need to pay attention…
When was the last time you used cash to pay for items at checkout? If it's been years, you are not the only one. A report by McKinsey shows that more than four in five Americans paid for purchases and…
Getting favorable terms of payment in international trade can mean the difference between high fees and high profits for businesses. Nearly every cross-border payment method inherently comes with risks and complexities. The risks are intensified for those businesses doing large…
Global businesses know too well that the more time it takes to send and receive international payments, the more complications there are. Whether through currency risk and fluctuations, negative cash flow impact, economic risk exposure or countless other factors, the…
Ebanx is a Brazilian Payment Gateway that Supports Various Payment Methods and Allows Global Businesses to Trade with Latin America. For those wondering what is Ebanx – and what they do – Ebanx is a payment platform that allows people…
Checkout.com Is an International Payment Platform that Processes Different Payment Methods Across a Variety of Currencies. Its fee structure depends on a number of factors such as card type, merchant’s location, and the consumer’s issuing bank, with fees passed directly…
Wix is a cloud-based website builder that includes web hosting and design services. Its user-friendly drag-and-drop tools and over 500+ ready-made templates help you build your website without either having specialist skills or hiring a web developer. Wix accelerates the…
Worldpay Is a Merchant Services and Payment Processing Provider Offering a Payment Gateway for Online Transactions. This company is now known as ‘Worldpay from FIS’ since its acquisition. They are a leading global payments technology business with over 30 years…
Companies are tapping into Virtual Account’s multi-currency capabilities to unlock new business benefits. In the past, sending and receiving money cross border required wading through complexity. From the challenge of opening multiple foreign bank accounts in every country you do…
Investing Apps are enabling more people to trade in global markets, creating new risks, boundless rewards and reshaping trading as we know it. During the pandemic, the number of people trading in financial markets around the world soared. Credit Suisse…
Retail traders are fueling the rise of online investing worldwide, with investors from North America, Asia and Oceania and Europe behind this rapid increase. Latin America, the Middle East and Africa remind behind these top markets for investing, but these…
Unlock new global markets by understanding these key terms in international small business payments and services. Whether you are looking to receive international online payments, or are figuring out how to offer your customers their locally preferred payment methods, here…
Discover the steps to ready your business for international growth. Ninety-three percent of businesses across the United States and Europe consider cross-border commerce a high priority in 2022, according to Rapyd’s Global Cross-Border Commerce 2022 Guide. And with the cross-border…
Before selecting a payment gateway provider, you’ll want to see if you’re in a Braintree-supported country. Braintree (aka Braintree Payment Solutions) Is an online payment processing platform. They are owned by PayPal and allow businesses to accept payments on their…
Choose the Right OpenCart Payment Gateway to Grow Your Sales Globally OpenCart is a free, increasingly popular open-source ecommerce platform that allows businesses to create a highly-tailored ecommerce experience. OpenCart comes with a number of core payment providers pre-installed and…
As Latin America embraces social media, more consumers are turning to social shopping as well. Social commerce is shopping done via social media apps such as Instagram, WhatsApp or Facebook without leaving the platform. Products may appear as organic posts,…
Latin America’s growing middle-class are seeking faster, more inclusive financial services. So they’re turning to digital banking and payment apps. Neobanks and non-bank payment applications are closing the gaps in traditional banking and meeting the needs of a new market…
There are many places for students, life-long learners and professionals to learn online. But if your payment methods don’t align with student needs, you might be losing out on countless potential customers. Today’s online education market is growing more international…
Discover the differences between local Latin American payment service providers. Between dLocal vs EBANX, which is right for you? Merchants looking to make cross-border sales in Latin America need to fully understand the market. 40% of online purchases in Argentina…
Discover what card acquiring is and why it's an essential part of ecommerce. Card acquiring is the process of collecting card-based payments that have been accepted by stores or retailers. When you go to a store, make a purchase and…
Learn how doing payment disbursement right supports effective business management and good working relationships. Disbursing funds around the world is increasingly complexity and involves a complicated network of disparate systems and processes. By choosing the right payment disbursement solution, organizations…
Before choosing Mollie as your payment gateway provider, you’ll need to see if you’re in one of the supported Mollie countries. Europe payments company Mollie is known for global payments, but do you know if they support your country? While…
Before selecting Adyen as your payment gateway provider, you’ll want to first see if you’re in an Adyen supported country. Europe payments company Adyen is known for their global payments abilities. However, despite their international presence, they have a number…
Before choosing a payment gateway provider, you must first understand if you are located in a Stripe supported country -- and what other options you have. International payments company Stripe is known for its ability to accept payments worldwide. Despite…
Here in Brazil, we say that when you join fintech and e-commerce, you become addicted to it. That’s exactly what happened to me when I joined Fintech 8 years ago - and I have not looked back. Fintech and eCommerce…
Learn what an international wire transfer is and how it can be used to pay overseas employees. Remote work has become so popular that it’s common for businesses to need to make international money transfers to pay remote workers. However,…
Go global by presenting local payment options at checkout. Credit cards are one of the most popular payment methods for ecommerce, used in 41% of online transactions, most commonly in longstanding ecommerce markets, including Europe and the Americas. (Global Data)…
The cross-border payments landscape in Latin America. Accepting and sending cross-border payments in Latin America can be challenging for international merchants. Four of the world’s top 10 countries with the lowest bank account adoption are in Latin America and there…
A super app unifies many different app functions into one easy user experience. Super apps offer a service ecosystem, with countless ‘mini app services’ integrated together. Many of these apps began as ride-hailing, service, or social media apps and then…
Merchants must understand that the UK payments market is in a state of flux – and learn how to leverage this for eCommerce sales. This blog covers trends up to 2022. Looking for the most recent data? Read our latest…
4 Key Benefits of Payment-as-a-Service Platforms As the global economy becomes increasingly connected, business owners everywhere cannot afford for their payments systems to lag behind. More complex compliance demands, along with evolving consumer behaviors and increased instances of fraud all…
Create a better customer experience across every touchpoint. Consumers can now use as many as six different touch-points when buying a product and 90 percent say they have high expectations for omnichannel commerce experiences. – CX Today What Is Omnichannel…
Do you know the best ecommerce payment methods for growing sales with your shoppers? Here’s how your global audience prefers to pay. The best ecommerce payment methods to offer in your online store often depends on the location of your…
Gain an advantage in any market by enabling different payment methods to meet customer needs and preferences. eCommerce continues to explode around the world in popularity and necessity, and the need for businesses to reach a global consumer audience is…
Look for Payment Processing Software with These Features To Power eCommerce Growth Having great payment processing software will be critical to merchants who wish to capitalize on the global ecommerce market, which is projected to be worth $5 trillion in…
Instant Payout Solutions for Marketplaces and the Gig Economy In a business climate where workers, sellers and contracts aren’t always local, figuring out the best way to make payouts isn’t easy. For businesses working in the gig economy and marketplaces,…
Localize Payments to Reach More Customers Nearly 88% of merchants consider international sales essential to their long-term growth. Yet only 35% of ecommerce leaders feel fully prepared to handle international transactions. (Visa) To reach new markets, businesses need to make…
FinTech Magazine has Named Rapyd a Best Payment Processor on Their Top 10 Payment Companies List According to FinTech, Rapyd was included because we are “allowing consumers to access one of the world’s largest payment networks featuring over 900 locally-preferred…
How COVID-19 Changed Payment Processing and How eCommerce Businesses can Successfully Adapt So many things have changed this year thanks to the COVID-19 pandemic. Consumers’ needs and expectations are drastically different and businesses need to evaluate their payment processing services…
What You Should Know When Exploring eWallet Payment Solutions Globally, digital wallet payment method adoption is projected to exceed 1.3 billion consumers by 2021, with Asia Pacific and some European markets leading the way. (Fintech News) Smartphones are now…
Global Digitization for US Based Companies Is Full of Challenges but Payments Doesn't Have to Be One of Them. Digitization is a vital part of business continuity, even more than new offerings or service expansions. And while global expansion can…
Far More than a Security Measure, Tokenization Opens the Door to Unique, Speedy and Hassle-Free Checkout Experiences Security isn’t the only benefit of tokenization. This technology also provides a way to improve customer experiences and power omnichannel payment innovations that…
Subscriptions and Recurring Billing are Transforming Business Models Across Industries Across all businesses, subscription payment models are changing how consumers read, listen to music, manage their fitness, watch television and so much more. What is behind this trend and why…
The Challenge of Cross-Border eCommerce There is nothing that strikes more fear (and frustration) into an ecommerce manager’s heart than discovering that a big portion of their hard-won visitors jumped ship right before completing the sale. As more businesses are…
Consumers’ Pandemic-Related Aversion to Cash and Coins has Fundamentally Shifted Global Payment Preferences According to Rapyd’s research, in 2020, consumers formed new preferences for payment methods that don’t make them touch card readers, manually key PINs, touch device screens, or…
Australian online purchases soared by more than 85 percent in August, compared to the same time last year1 Australia Post, which is hiring more than 4000 extra staff to keep up with demand, delivered to eight million households between March…
Choose the Best Acquirer for Accepting Credit Card Payments in Europe Merchants looking to expand into Europe need to offer customers the methods of payment that they prefer and trust. Although each country displays its own unique preferences and behaviors,…
The payments landscape is evolving because of fintech advances and the ever-shifting sands of consumer habits. From COVID creating an uptick towards contactless payments by customers, to voice commerce on devices like Alexa — here’s five payment trends to watch.…
With More Business Taking Place Remote and Online, Your Ability to Send Payouts Is Just as Important as Your Ability to Accept Payments Today, many accounts payable departments rely on outdated systems and processes to make cross border payouts. By…
For eCommerce Success, Give Your Customers What They Want A bedrock truism for business success is to “give the customer what they want.” This idea definitely applies when it comes to choosing the best international online payment system. In fact,…
Drive International Success with Local Payments Businesses are no longer limited by physical borders. Understanding customers’ payment preferences and offering local payment methods creates an optimal checkout experience that increases sales. This guide looks at how culture, behavior and available…
For European Merchants, It’s Time to Embrace a “Cards Plus” Strategy for Online Payment Methods When it comes to modern ecommerce and European payment methods, more is more. Cookie-cutter approaches that offer a limited number of payment options for ecommerce…
Local Payments Are Becoming One of the Top Digital Transformation Trends in Retail in 2020 Since the COVID-19 pandemic, business models for retailers and e-tailers have changed overnight. In response, businesses must adopt digital transformation strategies that improve their ability…
The Power of Local Payments In A Global Market eCommerce isn’t just becoming more global, it’s also becoming more local than ever before. Your company’s website is an essential place to both localize the shopping experience and optimize the checkout…
Platforms that Don’t Offer Real-Time Payments are at Risk of Losing their Sellers and Gig-Workers. Globally, 85% percent of gig economy workers would work more often if they could get paid faster, according to a recent analysis by PYMNTS.com.1 Gig…
Global cross-border shopping will make up 17% of ecommerce by 2023, with sales of $736 billion globally, according to an eShopWorld report1. Given these estimates, global cross-border ecommerce opens up significant growth potential for businesses. Four billion people have the…
According to Gartner, “Application leaders responsible for payments can optimize customer experience and save time and money by asking payment vendors 12 key questions.1” Consumers are increasingly demanding frictionless, fast and easy online payment experiences. Current global conditions have accelerated…
We are entering the fourth industrial revolution1: artificial intelligence, robotics, and connected societies are powering new businesses that leverage the broader opportunities of the diverse, global workforce. Platform, marketplace, and gig-economy business models are taking advantage of workers and supply…
With the global COVID-19 Pandemic impacting every industry, innovative ecommerce leaders are looking for ways to grow while meeting consumers’ rapidly changing needs. Many digital content and digital subscription companies are seeing a global increase in demand and are eyeing…
eCommerce sales ballooned to 691 billion1 Euros across Europe in 2019. While Europeans are united in their growing adoption of ecommerce, their preferences vary wildly when it comes to how they like to pay. European consumers demand trusted local payment…
When businesses seek fast-growing markets, they often think of Asia. But Latin America is a compelling choice for businesses with the know-how to meet local consumer payment preferences. Economic volatility and political unrest in countries, like Venezuela, tend to dominate…
The Asia-Pacific region accounts for nearly two-thirds of global transactions. To successfully tap into this market, ecommerce leaders must look beyond cards and popular ewallets like Alipay and WeChat Pay. “Too often, merchants and retailers enter APAC thinking that offering…
Global eCommerce sales are on track to hit 4.13 trillion USD by 2020, driven by transactions from more than 2.1 billion buyers around the world. While most top-tier markets like North America and the UK are relatively consistent when it…
The Asia-Pacific e-commerce market has seen explosive growth in recent years thanks to some of the highest consumer technology adoption rates in global history. However, merchants are already experiencing growing pains due to regional challenges. It’s estimated that APAC will…