Newer payment options such as cryptocurrency and buy-now-pay-later seem to be the future, but what does this mean for credit cards, PayPal, and other more standard methods of payment? With a huge array of payment options available globally and distinct regional preferences and requirements, getting the right payment mix is critical for your international growth strategy.
We recently invited recommended partner Nuvei to host a discussion with a group of retailers from within the community with one common goal… fuelling growth via seamless international payments. There were a wide range of areas covered throughout the discussion and some very actionable takeaways which came from it.
This report highlights some of the main topics of conversation, including:
- What to consider when expanding overseas?
- Platforms to review by region.
- How working with partners can simplify international growth.
- Benefits and drawbacks of buy-now-pay-later.
- Popular payment methods in a range of different regions.
There’s a lot of valuable insights within the report, answering a lot of questions for anyone reviewing or implementing their international payment strategies… Have a read and let us know what you think!
One of the most effective ways to become localised is having a clear understanding of what’s needed in each market. This will help you to understand whether you can ‘go it alone’ or need to recruit a partner to determine the right mix for geography and demographic.
Thanks to our recommended partner for moderating the discussion: