Trends Report

Market Overview: Global Payment Service Providers 2013

November 21st, 2013
With contributors:
Martin Gill , Zia Daniell Wigder , Benjamin Ensor

Summary

Globalizing your eCommerce business isn't just an option anymore — in many cases, it's an imperative. However, winning global customers' online spend often means adapting to local preferred payment methods. For merchants, the implications of establishing and accepting market-specific online payment types reach well beyond the checkout process into localized risk management, reconciliation, and complex regulatory and banking relationships. Merchants have the option to try to manage it all themselves, but eBusiness professionals are often looking to partner with payment service providers (PSPs) to help manage and streamline these complex payment processes. This report will help eBusiness professionals responsible for managing international customer-facing websites understand the landscape of vendors available to help them meet the global payments challenge.

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