Localizing Transactions Key to Attracting International Shoppers

A study released by shipper UPS earlier this month concluded that today’s U.S. online shoppers are more likely than before to make purchases from international retailers, and more likely to buy from online marketplaces.

What does this trend mean for the merchants looking to attract those shoppers – and the payment facilitators enabling their payments?

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First Data Launches New E-Commerce Solutions for PFs

Payment processor First Data has launched a new e-commerce program for payment facilitators that it’s calling Global PFAC.

As part of First Data’s e-commerce suite of products, Global PFAC offers a single integration interface that allows merchants to settle and fund transactions in more than 40 countries and 17 currencies.

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Podcast: What You Don’t Know Can Hurt You

This week, we talk with Chris Bucolo, director of market strategy for managed security service provider ControlScan, about e-commerce security.

When they take on payments, companies jump into a complex system where all parties are responsible for maintaining data security.

In some cases, payment facilitators are companies that have created applications that work well for the vertical they serve. But they may not always be aware of all the risk elements associated with that application.

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European PF Klarna Expands with BillPay Acquisition

Stockholm-based payment facilitator Klarna is again expanding in Europe, this time with the purchase of German e-commerce payment company BillPay.

BillPay enables customers to pay by invoice, direct debit, or in installments through its PayLater product.

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