Monday 4 August 2014

How to Boost Sales with Offshore Payment Processing



Businesses categorized under ecommerce use offshore payment processing to offer products and services to a global market and thus expect an increase in their revenues.
In view of that, we have mentioned some easy guidelines to boost sales with offshore payment processing.         
Advanced payment gateway
With ecommerce sales going global, the amount of risk involved is greater to that of domestic transactions. Businesses prefer to use a high risk merchant account with a superior payment gateway that detects and protects you against chargebacks.
With an advanced payment gateway, you can configure customized features for a secure order and meanwhile discard the fake ones. 

Transparent Shipping Terms and Conditions
Your customers should be aware about all the international shipping policies and duties. Notify them with all international terms and conditions before shipping their orders.
Inform all details about product’s shipping and how they can keep track of their orders. Do mention clearly, the return policy so that in case of replacement neither the customer, nor the customers have a problem.
Provide local payment options
Different countries prefer different payment gateways. With global ecommerce sales, you need to understand different payment options preferred in different locations.
Try and offer several payment options to your customers. Consumers are more likely to buy from you if they feel it is convenient and they can use several modes of online payment.
Detailed Multi-Currency Processing
Your every sale should sound like an exclusive offer to a customer. Depending upon the location of the customer, offer purchase price in his currency.
Moreover, suggest payments through other preferred currencies for the customer. Also inform them how changing the size, measures and weight can alter the product price.

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