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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