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Cross-Border E-Commerce: A Step Towards Global Business Payments
COVID-19 accelerated the adoption of digital payment in the Finance industry all over the world and prompted the further emergence of Cross-Border Payments. Cross-border payments breaking down traditional shopping borders has created opportunities for businesses, making it easier for them to expand to new markets and attract a broader range of customers. Despite the lockdown and impossibilities to travel, Cross-Border payments happened to be a consolidating tool that integrates different spheres, countries, and payments. The rise in digital payments has removed frictions and burdens in the transactions. Cost, speed, and reliability improvement reasoned a wider adoption of the Cross-Border payments for E-commerce.
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E-commerce way of life in a post-pandemic world.
A lot is said about the digital transformations and their influence caused by COVID- 19. The pandemic has highlighted the power of digital technology and accelerated the immediate future of e-commerce and its respective market. Pervasive restrictions and lockdowns made the use of e-commerce the business norm.
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Guavapay assists businesses in adapting to new realities
The economic crisis brought about by the COVID-19 pandemic is drastically impacting businesses. In such an environment businesses are obliged to show agility in managing company finances. In consequence, the spotlight has now fallen on fintech companies to help society level up and enable businesses to adapt to new realities.
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How to choose the right merchant provider
The starting of your own commerce business is a responsible step and one of the vital points is the payment issues. The success and resilience of your business depend on establishing reliable and seamless payment processes and that’s why the acquiring service provider choice should be done meticulously taking into account all services of the acquirer.
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