18 Mar How Multinational eCommerce Companies Can Save Money, Improve their Payments Experience, and Financial Operation by using Optimal Jurisdictions and Mix of Currencies
We are seeing a number of existing eCommerce businesses thriving, and new online startups fulfilling a need, in the thick of COVID-19. I thought I’d let you know how you can use us at www.africanpaymentsolutions.com and www.europepaymentsolutions.com to restructure and optimise your payment experience and operation across Europe. UK and Africa and get it live pretty much with immediate effect. We are noticing that, because the financial world has become a lot less certain, eCommerce companies who live in the “non-jurisdictional borderless internet” are working with us to reevaluate and optimise their Africa, UK and European acquiring strategy. We have had calls over the past few days with large eCommerce providers who are looking to optimise their payment collection at the checkout and to ensure that they are acquiring in the right countries and currencies. For example if you are a company registered in a jurisdiction that has restrictive capital controls or uncertain fiscal policies, then it makes sense to move your acquiring to a more established jurisdiction where forex transfers are easier, more currencies are supported, monetary policy is as stable as it can be currently, and tax efficient. For largish eCommerce companies we can advise on the optimal establishment of legal entities in the UK, Europe and Africa. We can also use our Africa-UK-European acquiring network to lower your cost of compliance and money management. We will collect and pay out for you (split payments) in the currencies and countries that make the most sense for you using our legal entities to save you hassle and cost wherever possible. Some examples So click here to give us shout so we can help optimise your acquiring across UK, Europe and Africa Our services include:
