Shannon is responsible for Nuvei's North American eCommerce strategy and implementation. He heads up the channel's direct eCommerce sales, ISV-Payfac sales and card not present partnerships. Shannon has worked for both startups and large fortune 500 companies over the last 20 years, creating new sales and distribution channels and strategic partnerships that meet corporate objectives.
To sell merchant services effectively, you need to be able to offer your merchants a tool than can process payments from customers in multiple currencies. Nuvei's Dynamic Currency Conversion (DCC) services provides just that.
Thanks to the explosion of eCommerce, international transactions offer enormous growth potential for small businesses. Unfortunately, cross-border transactions generate fees that, if you don't watch them carefully, can eat into the profit margins you could otherwise build. To get the most from your cross-border business, focus on these five ways to reduce your transaction fees.
If you offer a product or service that customers in different countries want, selling to those countries makes sense. Before you do so, make sure you understand what changes you need to make. Thinking through the following considerations can help you open yourself up and transition smoothly into cross-border transactions.
ECommerce and mobile shopping continue to grow every year. Unfortunately, this convenience comes with a cost, in the form of card-not-present (CNP) fraud. This problem is surging but there are ways for you to protect yourself against unauthorized CNP transactions.
With sports gambling legalized across the United States, casinos and other entities can capitalize on the opportunity it presents. Nuvei gives you the ability to process payments for gambling efficiently, allowing you to grow your business to keep up with the flood of business coming available.
ECommerce literally opens a world of possibilities for your business, but you need to be able to take payments from people in different nations and different currencies. For your eCommerce site to truly reach the next level, you need to add cross-border payments to your capabilities. By doing so, you can add significant benefits for your business.
Making the transition from software provider to software as a service provider requires planning and careful implementation strategy. Part of your planning should be making sure you have the components to round out the effectiveness of your product and service for clients. These ten tools and services can help you level up your offering.
An effective eCommerce site lets you reach potential customer anywhere, but your ability to accept payments from other countries will determine your international growth potential. Work with a processing partner who will help you push further into the cross-border markets.
As an ISV, you undoubtedly understand the value of embedding payment processing in your software solution. You need to ensure your processing remains PCI compliant to not only get started but keep providing this service to clients. Read on to understand more about your compliance duties.