Global Ecommerce Growth Continues Historic Trends
In 2018, consumers spent $2.86 trillion online with the largest growth (18%) seen in non-North American markets1. To take advantage of this expanding opportunity, forward-thinking leaders are investing in innovative payment methods, which take into consideration the unique cultural influences, technology adoption and financial vehicles in different parts of the world. As our global economy grows, so too must the ecommerce options companies provide their buyers.
Although challenging, organizations investing in global strategies realize an impressive competitive advantage. Simply put, “going global” right can be a real catalyst for business growth.
This guide summarizes extensive research and market data to provide financial leaders actionable information and insights to better understand today’s complex global market. Here we will detail each region, highlighting unique considerations, including compliance, tax laws, repatriation of funds, fraud and customer support.