The international market represents a growth market for ecommerce merchants that are seeking to increase revenues by getting more orders from outside of national borders. Merchants must offer alternative payments in order to capture orders from international buyers. Outside of the US, the use of credit cards for online purchases is not strong. Most global…
Read more »High risk merchants are finding it more challenging to obtain ACH and Check 21 accounts. Part of the reasons is explained in the FDIC Financial Institution Letter released on January 31, 2012. ACH and Check 21 payment processors are the customers of the banks. The processors, in turn, submit transactions payments for merchants through the…
Read more »With so many US citizens coming to visit or live in Israel, there is a big demand for US foreign currency exchange. . The Ministry of Finance in Israel reports that there are 1,919 registered money changers in the country. Money changers in Israel are seeking cost-effective and safe ways to exchange checks drawn on…
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