A leading Open SaaS ecommerce platform, BigCommerce has announced a direct integration with global commerce enabler, Digital River, to provide mid-market to enterprise BigCommerce merchants with an all-in-one global commerce solution that fully manages payments, tax, fraud and compliance to simplify cross-border selling and accelerate global expansion.
“Delivering localised checkout experiences and reconciling international sales can be daunting and burdensome. To remove these complexities, we’ve teamed with BigCommerce to manage the financial and legal responsibilities of cross-border selling on behalf of BigCommerce merchants to help them simplify operations and accelerate global expansion at less cost,” Digital River CEO, Adam Coyle said.
With a single integration, merchants can integrate Digital River’s Merchant of Record business model to mitigate risks and maximise conversions by delivering localised checkout experiences for both onshore and cross-border sales directly from within their BigCommerce store.
As a result, merchants can easily deploy entry into new markets in as little as six weeks and simplify cross-border selling processes that can decrease operational costs by up to 30%.
“Cross-border ecommerce continues to grow rapidly, and this partnership comes at a time when many merchants are prioritising expansion to reach international customers. Our partnership with Digital River provides the global commerce solutions needed to go to market faster, at a lower cost and without the risk and complexities typically associated with cross-border commerce,” BigCommerce CEO, Brent Bellm said.
Merchants can leverage leading payment providers with local entities giving shoppers access to their preferred currencies and payment methods such as local cards, buy-now-pay-later and wallets. They can also manage compliance, fraud mitigation, currency conversion, chargebacks, and global reconciliation all from within their BigCommerce Control Panel.
Merchants will mitigate risk from new regulations and ensure they adhere to local tax requirements in 240+ markets, overcoming global online selling liabilities ranging from consumer protection laws, collection of tax, duties and tariffs, payments compliance and fraud screening.
Merchants also gain instant access to leading transaction routing technologies and an expansive acquiring network that allow for lower global processing fees and increased authorisation rates by up to 15%.
Merchants can leverage logistics tools that handle end-to-end fulfilment from either Digital River’s existing partner network or from the merchant’s fulfilment partner of choice.