In an increasingly competitive domestic market, many UK retailers are seeking to expand overseas. Ecommerce Expo 2011 will see SecureTrading, the UK's leading independent payment processor launch their Dynamic Currency Conversion (DCC) and SofortÃ¼berweisung solutions to assist customers expanding internationally.
Online PR News – 13-October-2011 – – In an increasingly competitive domestic market, many UK retailers are seeking to expand overseas. Ecommerce Expo 2011 will see SecureTrading, the UK's leading independent payment processor launch their Dynamic Currency Conversion (DCC) and SofortÃ¼berweisung solutions to assist customers expanding internationally.
DCC allows credit cards holders to have the cost of a transaction converted to their local currency when making a payment in a foreign currency, so they instantly know the price, therefore boosting their propensity to buy.
DCC also enables retailers to generate new revenue from transactions they are currently accepting, because they can earn commission on currency conversion.
SofortÃ¼berweisung allows customers to pay merchants from their internet bank account, again with the benefit of dramatically reducing the risks of chargebacks. SofortÃ¼berweisung is widely used in Austria, Belgium, Germany (51.4%* of all Germans prefer to use SofortÃ¼berweisung) and to a lesser extent the Netherlands and the UK.
Tim Allitt, Head of Sales & Marketing, SecureTrading, said, âSuccessful expansion in one country can be a springboard for further success elsewhere and itâs key to provide the right methods of payment in particular markets. By launching Dynamic Currency Conversion and SofortÃ¼berweisung, SecureTrading is demonstrating its international credentials and helping its customers grow in new markets by providing them with the correct tools to do business.â
* EuPD Research and Paypal Germany
SecureTrading is the UK's leading independent payment processor, providing online payment processing and merchant services for all types of businesses via the most reliable and secure internet payment gateway. Founded in 1997, the companyâs fast, reliable and professional online card payment services enable its customers to accept credit cards, debit cards and other payment methods such as PayPal and Ukash online.
SecureTrading also offers the most comprehensive suite of counter-fraud services available. From its core services of 3-D Secure, CVV2 and AVS to SecureTrading Fraud Score enabling IP checking and SecureTrading Identity Check which enables full KYC checks, the company reduces significantly the threat of online fraud to businesses.
For businesses looking to expand internationally, SecureTrading supports Dynamic Currency Conversion as well as European payment systems including ELV, iDeal, SofortÃ¼berweisung and Giropay.
For more information visit www.securetrading.com
Tel: + 44 (0) 845 034 5602
Tel: + 44 (0) 1248 672 078
Tel: + 44 (0) 1248 672 078