Over the last decade, it has seen a tremendous rise in the increased international mobility of goods and services, capital, and people. It has significantly contributed to the growing economic importance of cross-border payments. Manufacturers expanding their supply chains across borders, global investment flows, international trade, and e-commerce. All have contributed to the rise in cross-border payments.
With an easy payment plan, you can give your customers more purchasing power. When you give your customers the option to choose their payment method. It allows them to better budget and spends more in your store.
With multi-currency online, visitors from other countries can see the final price of their purchase in their own currency. If a customer logs in from France, for example, they will see the price in EUR. And the exact amount will be charged to their card, with no hidden costs. However, as the business owner, you will be paid in GBP, exactly as stated on your website.
Secure International Payment Transactions Now
With cross-border payments, customers can use dynamic currency conversion to pay in their home currency rather than the currency of the location where they are making the purchase. It also eliminates the premium fees charged by banks for processing foreign transactions. This allows your customer to budget more effectively and makes more confident purchases.
To reduce the possibility of online fraud, international merchant accounts require secure and safe solutions that can be embedded on the customer’s credit card and debit card. As a result, when a customer makes a purchase on your website, they will need to enter an encrypted password. It further verifies that they are authorizing the charge to their credit card.
Merchants looking to explore the global payment need a payment gateway that provides valuable insight displaying invaluable information taken from your card transactions. A payment gateway that can procure overall sales, average ticket sizes, foreign card usage, etc. It is feasible to make informed decisions to improve profitability and run operational activities more efficiently.
Smart and interactive dashboards assist you in discovering hidden business opportunities by providing an in-depth analysis of your business, including card transactions, sales performance, point-of-sale movement, average ticket size, and other key metrics.
Eskaypay Provides Best International Merchant Account Solutions
Eskaypay is providing the merchant in the UK with the International Payment Gateway UK solutions that will allow the merchant with accepting easy cross-border payments. We provide merchants with a dynamic and interactive dashboard to simplify complex data by empowering them to explore the relationship between different sets of data in a single location that is accessible 24 hours a day, seven days a week on any device.
You will also benefit from an affordable and simple-to-manage subscription plan that requires no hardware or software investment.
How to apply for an International Payment Gateway UK?
Almost all expanding businesses must face the global market, either directly or indirectly, and meet the market’s demanding needs. To successfully run your business and securely run your operations over the internet or elsewhere, you can open international merchant accounts and take advantage of the numerous services provided by these service providers.
To obtain merchant account services, you must submit the following documents.
- You must have a Director KYC profile.
- You must have government-issued identification, such as a driver’s license or voter identification card.
- You’ll need a payment processor if you’ve previously owned a business.
- You must provide a multi-processor explanation for profiting from the office.
- 3 months of recent bank statements and a processing history
- Your chargeback rate should be less than 2%.
The payment gateway services will be available to you within 5 to 7 business days. Customer service is available 24 hours a day, seven days a week.
Tags : Casino Merchant Account, Gaming Merchant Account, Forex Trading Merchant Account
