Mind the conversation trap: How to boss cross-border payments
28 Sep 2023
Cross-Border Commerce Theatre
Selling internationally means accessing new and exciting audiences — which means growth. Unfortunately, many eComm businesses are being double or triple charged for FX conversions and see it as simply part and parcel of doing business overseas. In 2022, banks took £3.6bn in often hidden fees from small and medium sized businesses. Paying closer attention to the hidden charges could give a boost to revenue. After all, taking care of the cents means the pounds take care of themselves.
In this session, learn:
- how to spot unnecessary markups on FX payments
- FX best practices for eComm businesses to avoid the conversion trap
- how to go global (while staying local) without affecting your profit margin