Your business is going international, representing a huge step forward for your brand’s growth and success. Perhaps the most vital step to achieving this is accepting global payment methods. Global credit card processing is very different than domestic processing. Here are some important tips from Allied Wallet, a global payment gateway company, for setting up and maintaining a payment system that accepts global credit cards.
Make Sure Your Support System is Truly International
Breadth is important when accepting global credit card transactions. You’ll want to make sure that your system accepts a wide range of currencies and credit card types. Plus, you’ll want to be authorized and ready to accept payments in line with differing international regulations.
At Allied Wallet, we help our customers accept many types of cards from around the world. In addition to Visa MasterCard, American Express, and Discover, we also set our clients up to accept Cartes Bancaires, Giropay, Diners Club, Maestro, and China UnionPay. We currently offer support for accepting 164 currencies in over 195 countries, covering nearly every country and currency possible. We even allow our customers to settle in any of 25 currencies, as well.
Of course, many companies can simply help you accept money from around the world. However, these companies might not be capable of handling the complicated, often unique payment issues that will eventually come up. Successful global credit card processing depends on having a support team that is qualified to handle new situations. This is why Allied Wallet offers round-the-clock, 7 days a week customer service and technical support. Issues will inevitably arise and it’s important to enlist the help of a staff that’s experienced with global processing solutions.
Invest in a Reliable Global Payment Gateway
Unfortunately, starting to accept global payments will open your company up to brand new security threats. You’ll want to invest in multi-tiered, heavily monitored security protection. The steps you take to protect your credit card processing may vary, but we recommend they include at least some of the following:
- PCI Compliance. Allied Wallet provides PCI-DSS Level 1 protection. This lets your company off the hook in the unfortunate chance you’re hit with charges and penalties resulting from a security breach.
- Chargeback Protection. We minimize chargeback fees through Fraud Scrub, which monitors online payments to quickly root out fraudulent charges.
- SSL Encryption. This step allows stored information and processing data to be protected at all times. At Allied Wallet, we maintain a SHA-256 SSL encryption.
Keep Tabs on New Payment Methods
Global credit card processing should cover most payments. Nonetheless, popular payment methods will vary greatly depending on the country and continent and new ones will develop. You’ll want to stay updated. Part of our job here at Allied Wallet is keeping up-to-date on developments in the industry.
Right now, we offer support for European Direct Debit cards and ACH payments to be accepted online. This comes standard with our global credit card support. Allied Wallet can setup your system to be compatible with any shopping cart system you prefer, as well as let you accept real time payments. These steps ensure that you’re well prepared to start expanding your business into the global economy.
Contact Allied Wallet if you’d like to setup a credit card processing system with an internationally-minded, secure, and ahead-of-the-curve leader in the field.