Navigating global payments with ease: The updated Payment Solution Finder
In the dynamic world of e-commerce, the ability to transact seamlessly across borders is crucial. Recognising this, ITC’s ecomConnect programme introduced the Payment Solution Finder in October 2021. This digital tool has been a game-changer for businesses seeking efficient and accessible payment solutions.
Fast forward to today, and the Payment Solution Finder has received a significant update with the support of Visa through their Inclusive Impact and Sustainability CEMEA team, expanding its horizon to include over 50 new service providers from diverse regions including Africa, Asia, Europe, and the Americas. This enhancement not only broadens the scope of options available but also reaffirms the commitment to empowering small businesses in developing and least-developed countries.
The tool is ingeniously designed for retail e-commerce, focusing on solutions that enable small enterprises to receive payments from international buyers. It is more than just a directory; it is a comprehensive guide complete with updated background information for the solutions listed.
Available through ecomconnect.org, a vibrant online community for e-commerce professionals, the updated Payment Solution Finder is businesses’ ally in navigating the complexities of global payments and efficiently finding payment solutions. With this tool, the world is not just at your fingertips; it is open for business. Discover the possibilities and elevate your e-commerce game today. Check the updated tool here.
‘For many small businesses, being able to receive online payments is the last mile on their e-commerce journey. Many small merchants find themselves at a loss to know where to get the latest information on the services which may be available to them. Our new Payment Solution Finder takes the pain out of this process,’ said Pamela Coke-Hamilton, Executive Director of the International Trade Centre (ITC).
'Payments are a central piece of the commerce architecture. The ability to pay and be paid seamlessly and securely enables trust in the system and expands markets for entrepreneurs and Small businesses. With this updated guide, ITC and Visa reaffirm their commitment to uplift communities to take full advantage of the digital economy. Skills and access to information are critical assets to enable more to fully participate in the transformation of their communities,' said Carl Manlan, Vice President, Inclusive Impact and Sustainability at Visa CEMEA.
For more information on Payment Solution Finder, write to: ecomconnect [at] intracen.org (ecomconnect[at]intracen[dot]org)
About ecomConnect Programme
The ecomConnect Programme helps small and medium-sized businesses in developing and least developed countries to market and sell their products online through training, research, structures, partnerships and digital tools and technologies. The programme’s goal is to connect enterprises to local, regional and international online markets in an inclusive and sustainable manner. It also offers access to the online community ecomConnect, where enterprises can access free resources and business opportunities.
About Visa
Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, merchants, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com