BlueSnap and Kount have announced that they will showcase their solution for excellence in cross-border ecommerce at NRF 2020 Vision: Retail's Big Show.
Both companies provide merchants with an all-in-one platform for processing international payments and minimising losses to fraud. Yahoo Finance has reported that a study commissioned by BlueSnap and Kount found that worldwide online sales grew from USD 2 trillion in 2016 to USD 3.46 trillion in 2019. Moreover, over half of online shoppers have already purchased goods from foreign websites, however, less than half of North American retailers sell internationally. As a reason, merchants consider fraud and payment processing as the two top factors that make them avoid selling internationally.
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