Unlock Global Growth Accepting International Payment - PowerPoint PPT Presentation

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Unlock Global Growth Accepting International Payment

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Accepting international payments unlocks vast opportunities for your business. By simplifying the payment process for global shoppers, you can expand your customer base, boost sales, and access new markets. – PowerPoint PPT presentation

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Title: Unlock Global Growth Accepting International Payment


1
Unlock Global Growth Accepting International
Payments
Accepting international payments opens up a world
of opportunity for your business. Expand your
customer base, increase sales, and tap into new
markets by making it easy for global shoppers to
pay.
Pa
2
Common Payment Methods for International Customers
Credit/Debit Cards
Bank Transfers
Digital Wallets
Offer seamless checkout with popular card
networks like Visa, Mastercard, and American
Express.
Enable secure wire transfers from international
bank accounts.
Leverage mobile payment apps like Apple Pay,
Google Pay, and PayPal.
3
Accepting Credit/Debit Cards from Abroad
1
2
3
Payment Gateway Integration
PCI Compliance
Dynamic Currency Conversion
Ensure your systems meet security standards to
protect customer data.
Connect your website to a global payment gateway
that supports cross-border transactions.
Offer customers the option to pay in their local
currency.
4
Accepting Bank Transfers from Other Countries
Provide Account Details
Manage Exchange Rates
Share your business's international bank account
information with customers.
Account for currency fluctuations when converting
foreign payments.
1
2
3
Verify Payments
Confirm incoming wire transfers and allocate
funds to the correct orders.
5
Accepting Digital Wallets and Mobile Payments
Apple Pay
Google Pay
PayPal
Leverage the convenience of contactless payments.
Offer a secure, mobile-friendly checkout
experience.
Tap into a trusted and widely-used digital
payment platform.
6
Handling Currency Conversion and Exchange Rates
Dynamic Pricing
Transparent Fees
Automatically adjust prices based on the latest
exchange rates.
Clearly communicate any currency conversion or
transaction fees.
Payment Reconciliation
Regularly monitor and reconcile international
payments in your accounting system.
7
Avoiding Fraud and Chargebacks
Fraud Monitoring
Implement robust fraud detection systems to
identify suspicious transactions.
Chargeback Management
Respond promptly to customer disputes and provide
supporting documentation.
Liability Protection
Leverage payment processor protections to
minimize your exposure to fraud.
8
Accounting and Tax Considerations
Sales Tax
Understand and comply with sales tax regulations
in different countries.
Reporting
Accurately track and report international revenue
in your accounting system.
Tax Compliance
Consult with tax professionals to ensure you meet
local and international tax obligations.
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