Global Merchant Accounts for International Credit Card Processing
The more ways customers can pay you, the more money you make. To maximize profits, it is important to offer as many global eCommerce payments as possible.
Global merchant accounts for international credit card processing is a top priority. The card brands aggressively market throughout the world. As a result, the demand for debit and credit cards is soaring. By 2022, there will be 17 billion cards in circulation.
In addition to the usual card brands, many merchants do not realize that UnionPay is now the largest card brand in the world. This card is used extensively throughout the Asian-Pacific region and is rapidly expanding throughout the world.
Online shoppers are looking outside their country’s borders for purchases. International purchases are in the majority in all regions except for North America.
Yet millions of international shoppers are keen to buy American products. In particular, luxury items and fashion from the US are in high demand world-wide. If you a US merchant, even if you are not actively marketing globally, accepting all major world card brands on your website is one of the fastest & easiest ways to boost sales.