Learn how a global payment solutions partner can keep your transactions secure as you scale your eCommerce business.
ECommerce is on the rise. Accelerated in part by the COVID-19 pandemic, online purchasing is more popular than ever. But with so many small- to medium-sized enterprises (SMEs) taking advantage of the moment, how can you feel good about growing your own sales? While there are a number of tips and tricks when it comes to marketing, automation, and product diversification, one thing is certain: you need the security of a global payments solution partner to scale your eCommerce business with confidence.
Find the right global payment solutions partner
There are a number of ways that a global payment solutions partner can help you stand out in the crowd and grow your eCommerce business, including:
But one of the most important ways a global payment solutions partner can help you grow your business is by increasing your security.
Scams are more common than ever
With the growth of eCommerce business, there are also new risks. In fact, the increase is attracting more scammers to the market. There are many common scams to watch out for. A few that hit SMB’s the hardest are:
When it comes to scams, no one is safe
If you’re a small- or medium-sized business owner, you might think you’ve seen it all. But eCommerce scams are becoming so complicated that even the most experienced seller can be fooled.
Take one company’s tale as an example: This forewarning post details a long scam by a potential import/export vendor. The company did everything right by verifying, asking the right questions, and even traveling to China to meet with the vendor. Many meetings, fake documents, and negotiations later, they were unknowingly scammed out of thousands. They write:
“There were no red flags…The most interesting part: they knew the business in and out. Knew about our products and the market in general. They seemed to be very well prepared.”
Protect yourself with a global payment solutions partner
When it comes to eCommerce scams, the majority of victims never get their money back. That’s why you should take the steps to make your transactions secure. A fully licensed international payments solution partner like LianLian Global can help by simplifying complex cross-border transactions and providing you with peace of mind — and more time to grow your business. Your provider should help you by:
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