E-Payments & Taxes
Companies who use the Internet to reach overseas customers frequently
use their website to process orders and accept payments. To ease
international customers' use, companies should consider installing
currency converters on the payment page. Additionally, as payment
practices usually vary from country to country, it is important
that the prevalent payment mechanisms be identified and incorporated
into the order-processing component of the web site. U.S. Commercial
Service Trade Specialists in your target market can help you identify
a country's most common payment mechanisms, which you should consider
before commencing cross-border e-commerce in a particular market.
See also, research on the Top Internet Markets FAQ .
Person-to-Person (P2P) Transfers
There are many companies offering P2P services, in which funds are
sent electronically to a third party, which in turn deposits the
funds in the merchant's account. An example of a P2P service provider
that conducts cross-border transaction is PayPal. PayPal lets anyone
with an email address securely send and receive online payments
using their credit card or bank account. PayPal will also conduct
currency exchange, allowing the customer and merchant to operate
in their preferred currency. Other P2P providers, such as Western
Union's BidPay, accept a credit card payment from the payer and
send a money order to the payee. Internationally, P2P transfers
have come under some degree of scrutiny, so it is advisable to consult
with a Commercial Service officer in the country you are targeting
before deciding on a particular payment mechanism.
Velocity
Pay Pal Ecommerce
E Commerce Shopping Cart
Ecommerce
Ecommerce Custom
Ecommerce Design
Ecommerce Development
Ecommerce Merchant Account
Ecommerce Shopping Cart
Ecommerce Shopping Cart Solution
Ecommerce Store
Ecommerce Storefront
Ecommerce Web Design
Ecommerce Web Site
Ecommerce Web Site Design
Ecommerce Web Site Development
Pay Pal Ecommerce
Pay Pal Shopping Cart
Shopping Cart
Shopping Cart Design
Shopping Cart Program
Shopping Cart Solution
Turnkey Ecommerce
Web Ecommerce
Web Ecommerce Development
Web Hosting Ecommerce Merchant Account
Web Hosting Shopping Cart
Web Site Design Development Ecommerce
Web Site Shopping Cart