When expanding to new markets, most online merchants face a variety of challenges from logistics and legal issues to local taxes and cultural differences. Payments and credit card processing are also key issues that require considerable attention. When scaling to untested locations, businesses often experience inflated processing fees, lower conversion...
How to Succeed in the High-risk Travel Industry
The travel industry is constantly expanding and evolving. However, in an industry defined as high risk, merchants face many challenges from high fraud levels and chargebacks to low acceptance rates and future fufillment models. As a travel service provider's business scales to global markets, so the risks increase. How can...
Your Global Guide to Payment Preferences
When scaling to global markets, payments have a huge impact on sales. Foreign customers prefer local payment methods and may abandon their shopping carts when they encounter unfamiliar online payment options. There are hundreds of localized payments methods all over the world and keeping track of them is no simple...
What to Look for in Online Payment Solutions
One of the major decisions an e-commerce merchant must make is which online payment solution to use. Many online merchants offer payments in various countries and on a variety of devices from laptops to smartphones. What kind of solution should you be seeking when you need to accept online payments...
Are Your Payments Out of Control?
When scaling to global markets many online businesses in a wide range of industries encounter new payments challenges including spiralling costs, increased decline rates, greater fraud risks and low conversion rates. What is causing these changes in your payment ecosystem? How can you improve results? Our new eBook A Merchant’s Guide...
Online Credit Card Processing for Travel Providers – How to Make it Work
How to succeed in the highly competitive travel sector With the drop in travel costs, individuals who have never left their native country before are off to see the world. Global travel industry gross bookings hit $1.6 trillion in 2017, making it one of the largest and fastest growing industries...
New EU Regulation to Revolutionize Cross-border Payments
One of the greatest challenges global merchants face is high fees for cross-border payments. A new European Union resolution addressing this issue may change the situation dramatically. According to the EU plan, by the end of 2019, charges for cross border payments in Euros will have to correspond to fees...
It’s Almost Spring – E-commerce Opportunities
While the huge sales of the winter holiday season are long gone, spring promotions have considerable potential. Think of your customers as emerging from a long period of hibernation and piles of snow. Flowers are just starting to bloom, the weather is finally improving and people are actually leaving their...
ICE 2019 – Looking to the Future of Payments
ICE Totally Gaming is the leading international event in the global gaming sector with over 33,000 attendees and 8,500 operators representing 150 countries. Ofer Carmel, CEO of Bm2Pay, who attended the conference in London last week (February 5-7) with two other company representatives, spoke of new trends developing within the...
Valentine’s Day 2019 – New Kinds of Love
Ways to celebrate Valentine’s Day, the classic holiday of love and romance, are evolving. Jewelry, chocolate and flowers are still among the favorite gifts among the 55% of Americans who usually celebrate the holiday. Nevertheless, “the times, they are a changin’,” and retailers have the chance to cash in on...