SecureTrading Helps Companies Expand Abroad With Brace Of International Currency Solutions

Released on: October 13, 2011, 4:09 pm
Author: Zara Camble
Industry: Financial

SecureTrading helps companies expand abroad with brace of international currency solutions

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 Sofortüberweisung 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.

Sofortüberweisung allows customers to pay merchants from their internet bank account, again with the benefit of dramatically reducing the risks of chargebacks. Sofortüberweisung is widely used in Austria, Belgium, Germany (51.4%* of all Germans prefer to use Sofortüberweisung) and to a lesser extent the Netherlands and the UK.

Tim Allitt, Head of Sales & Marketing, SecureTrading, said, “Successful expansion in one country can be a springboard for further success elsewhere and it’s key to provide the right methods of payment in particular markets. By launching Dynamic Currency Conversion and Sofortüberweisung, SecureTrading is demonstrating its international credentials and helping its customers grow in new markets by providing them with the correct tools to do business.”

* EuPD Research and Paypal Germany

About SecureTrading
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 company’s 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, Sofortüberweisung and Giropay.

For more information visit www.securetrading.com

Zara Camble
Account Manager
Fieldworks Marketing
Tel: + 44 (0) 845 034 5602
zara@fieldworksmarketing.co.uk

Michael Gwynne
Marketing Executive
SecureTrading
Tel: + 44 (0) 1248 672 078
Tel: + 44 (0) 1248 672 078

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