By Rob Marriott Offering multi-currency pricing (MCP) solutions for international payments is a great option for your customers to pay for your products in their local currency. In the two options below, the way merchants approach pricing and the technical considerations are quite different. Fixed Multi-Currency Pricing. In this model, the merchant displays all product […]
Tag Archives: Nexio
Most of us have at least one social media account, while others have many. Whether you use LinkedIn, Facebook, Twitter, Instagram, Snapchat, TikTok, or more, you have probably started to see opportunities for purchasing a product or service through these platforms. By the end of 2021, there will be more than 3 billion social media users, […]
By Kevin Batchelor, CTO of Nexio I recently have become quite exhausted by the constant change of direction that we need to adapt to as developers. Responding to change is a critical part of the business. However, developing software and the opportunity cost of building the wrong thing makes it very important to filter what […]
Consumer behavior has changed due to the COVID-19 pandemic. Nearly 50% of global shoppers are using digital payments more than before the pandemic, and the majority plan to continue after the virus is contained. In the report, Global Online Payment Methods 2020 and COVID-19’s Impact, close to 75% of the respondents found that contactless payments […]
Nexio uses multiple strategies to prevent fraud, keep customers’ private information secure, and provide a safe checkout method. Check out how this process works for back-office software on this webpage: https://nexiohub.com/howitworks/ 3DS: 3DS is a security tool for authentication of credit card users for e-commerce in Europe and some countries outside of the EU. The […]
Most consumers are familiar with the idea of subscription payments. Perhaps you have your own experiences where you have a pest control service that bills you quarterly. Or you pay a monthly fee for your gym membership. Maybe you visit the chiropractor and have a payment plan set up that bills you. Subscriptions are accepted […]
Nexio, Avalara, and GPS Capital Markets hosted the Direct Sales Golf Scramble on Friday, August 28, 2020, at Thanksgiving Point. For those who are not familiar, a 4-man scramble is a golf format where four players form a team, and all players contribute to the team score, rather than the score of each individual. Each […]
“Show me the money,” a well-known phrase used in the 1996 film “Jerry Maguire,” may well be a merchant’s rallying cry. In this competitive marketplace, offering more ways for customers to shop and pay is vital to expanding business operations, gaining customer loyalty, and increasing profits. Cash, checks, and credit cards are the standard paying […]
In the business realm, there is no one generally accepted standard definition of scalability. However, the primary definition seems to be strongly related to the growth potential of a company, that will increase profits and grow revenue while avoiding cost increases. For example, if a business requires hiring more employees every time sales need to […]
Innovation has transformed the financial services industry in the last twenty years. Technology has changed everything. Traditional banking models are being left behind with the rise of financial technology (fintech). The term fintech refers to software and other modern technologies used by businesses that provide automated and improved financial services. Fintech companies are a result […]
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