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What payment method to use abroad if you have an ecommerce

Trips abroad are more and more frequent, either for leisure or for work reasons. When we travel through Europe we are lucky to not having to change currencies on most occasions. However, when paying, several inconveniences may appear due to not being in our country of residence.

This can also happen when buying online in international stores or when taking your e-commerce to another level and leaving the Spanish borders. Therefore, PaynoPain explains what are the best means to make payments abroad, its advantages and comforts.

Taking a business to the international scene is possibly quite a puzzle, but it can become the push you need your small online business In fact, a study commissioned by Visa shows that 87% of eCommerce owners are convinced that crossing borders is the right step. At the moment, 66% of these businesses have become international businesses reaching your cross-border sales to be a third of their income. In addition, more than half of the online stores that have not yet entered the international market plan to do so in the near future, 90% in less than three years.

The oldest drawback What entrepreneurs encounter when taking the plunge is the logistics of payment systems, since many services do not meet the requirements when moving to the European scene. This does not happen with the payment solutions integrated in PaynoPain, being able to carry out economic operations throughout the EU. The entity is aware of the barriers that small entrepreneurs may encounter and wants to provide its solutions by explaining its payment services and all its benefits:

  • Online payment gateway: It is the comprehensive and omnichannel solution that every company should have. An online payment system that allows businesses to accept payments through their online store. Thanks to this tool, businesses can immediately accept payments with credit and debit cards, in addition to offering other more recent payment methods such as mobile payments, an external wallet application or electronic banking systems. The entrepreneur can manage payments received from anywhere in the world in addition to managing sales, controlling risk, users and movements.
  • eWallet: This application is the secret to being able to keep track of all your payments from the palm of your hand. PaynoPain features CHANGEiT, its white-label e-wallet that businesses can customize to function as a payment gateway for their business. This system offers the possibility of making P2P money transfers, adding promotions and loyalty for the most regular customers, paying bills and many more features, both for ordinary users and for entrepreneurs.

Leaving Spain for many small entrepreneurs can mean leaving their comfort zone. That is why we are so happy to announce this new passport service that will allow you to act as a payment entity throughout Europe ”, says Jordi Nebot, CEO and Co-founder of PaynoPain. “We want to be there for the Spanish SME sector whenever they need us. With globalization and the rise of electronic commerce, crossing borders means taking the leap to success for many. We want to make it easier for you and accompany you on the exciting path of internationalization».

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