Selling goods online worldwide can seem daunting to a small business owner. Between foreign currencies and multiple payment options, it can become tricky finding a merchant account solution that works for you and your business. Below are some tips and benefits to accepting international payments online for your small business.
Accepting international payments for your small online business will drastically increase your customer base and revenue. The e-commerce market extends globally, so limiting payments to your local currency will hinder your customers and lead to more shopping cart abandonment. However, accepting international payments will take your small business to the next level and will open your business to the world.
Although the risks may seem overwhelming, as long as you have a strategy in place, accepting international payments should only benefit your business. The following tips for accepting international payments can get you started.
Accepting international payments online also comes with some risks. Among them is fraud, which usually makes small business owners hesitate when processing credit cards online. Business owners want to avoid fraud, but it can be difficult to take action against offenders in other countries. When selling goods online internationally, a business owner must pay particular attention to who his or her customers are.
With Instabill, you can safely accept international credit card payments without all of the hassle and worry. You can start accepting payments worldwide and increase your revenue with our secure and easy-to-use payment gateway. Instabill merchant accounts allow you to protect your e-commerce business against credit card fraud and protect your customers from identity theft.