Sandbox
Production
Ways to Accept Payments
Cross-Border Payments
Payment Optimization
Payment Types & Currencies
Fraud Prevention
Chargeback Management
Compliance
Payment Analytics & Reporting
Benefits
Features
Developers
Accounts Receivable Automation
Subscriptions & Recurring Billing
Invoice Payments
Virtual Terminal
Companies all over the world rely on Oracle NetSuite’s comprehensive tools to power their businesses. They deserve an equally powerful payment solution that integrates with NetSuite and can support their day-to-day. Learn how BlueSnap worked with NetSuite to create a seamless solution that simplifies global payments.
Video Transcript: Growing businesses that use NetSuite need a payment solution that’s seamless, flexible and scalable.
BlueSnap Global Payments for NetSuite is the ultimate solution, giving you:
- A single, native solution ideal for businesses with multiple entities
- Domestic and International payments with global payment types and currencies
- Payment optimization tools, like Intelligent Payment Routing and local acquiring in 50 countries
- Built-in payment analytics and reporting, right in NetSuite, for simplified reconciliation
- Support for all your NetSuite payment use cases across SuiteCommerce, SuiteBilling and Payment Link, and more
- Personalized support by real people committed to your success
Whether you have one location or multiple, serve customers in one country or many, have one use case or several, our technology is designed to optimize every transaction, driving your sales and revenue growth. Plus, get easy access to the data you need to make decisions that will propel your business forward.
After all, with BlueSnap Global Payments for NetSuite you get a single app that supports all your payment needs — across currencies, countries and markets.
To learn more, visit www.BlueSnap.com today.
Frequently Asked Questions
How are B2B cross-border payments different from B2C?
As international commerce grows, B2B cross-border payments are increasingly important as B2C payments, but functionally they often lag behind B2C payments in terms of customer experience, transaction speed, amount of manual effort required and more. B2B companies can close that gap, and see a 25% uptick in conversion rates, by choosing a payment processor optimized for cross-border transactions.
How much are cross-border fees?
The exact cost of fees will depend on where in the world your business is based, and the currency used for the transaction, but they can run up to an additional 2%.
Is there a way to avoid cross-border fees?
Yes, unnecessary cross-border fees and foreign transaction fees can be avoided. When you use a payment provider that can help you process your payments as if they were local with local card acquiring, helping to increase your authorization rates and avoid unnecessary fees.
What are cross-border payments?
Cross-border payments, or cross-border transactions, occur when the acquiring bank and the issuing bank are in different regions. When banks process cross-border payments, they perceive them to be riskier than domestic transactions, leading to higher fees and a greater likelihood of being declined.
What are the different types of cross-border payments?
Cross-border payments can take any of the same forms as domestic payments, from eWallets and card payments to bank transfers. It’s important to be able to accept all types of payments, including payment types native to particular countries you sell in. That way, customers from around the world find it easy to pay. Shoppers in different countries also have different purchasing habits, such as on mobile vs. laptop. The more you tailor the experience to your customers’ locations and preferences, the more you will sell.
When might a cross-border fee apply?
Whenever someone buys your goods or services using a credit or debit card, you pay a card processing fee. The majority of the fee, which varies by type of card, is the interchange fee. When the customer uses a card issued in a different country or region from where the payment is processed, there may be an additional cost for a cross-border fee that is added on top of the regular interchange fee.
What is local card acquiring?
Local card acquiring is when the acquiring bank and issuing bank are both in the same region. Using local card acquiring whenever possible reduces fees and increases authorization rates.
What is BlueSnap?
BlueSnap helps businesses accept global payments a better way. Our All-in-One Payment Orchestration Platform is designed to increase sales and reduce costs for all businesses accepting payments.
BlueSnap supports payments across all geographies through multiple sales channels such as online and mobile sales, marketplaces, subscriptions, invoice payments and manual orders through a virtual terminal.
And for businesses looking for embedded payments, we offer white-labeled payments for platforms with automated underwriting and onboarding that supports marketplaces and split payments.
With one integration and contract, businesses can sell in over 200 geographies with access to local acquiring in 45+ countries, 110+ currencies and 100+ global payment types, including popular eWallets, automated accounts receivable, world-class fraud protection and chargeback management, built-in solutions for regulation and tax compliance, and unified global reporting to help businesses grow.
Who can use BlueSnap?
Merchants around the world can use BlueSnap to accept payments in 200 geographies with BlueSnap local acquiring in 47.