5 Reasons International Merchants Will Use VoguePay, instead of PayPal

5 Reasons International Merchants Will Use VoguePay, instead of PayPal

5 Reasons International Merchants Will Use VoguePay, instead of PayPal

Recently PayPal released a policy update to their terms of service. Amongst other updates, it indicated that they will increase their transactional charges for local and international transactions. According to TrustedReviews; “the payment processor has imposed a number of fee increases on its US customers that will hurt just about anyone who uses the service for anything other than buying. What’s more, retailers themselves are being hit by an additional change, which PayPal has dubbed “non-discouragement clause.”

WHAT DOES PAYPAL PRICE HIKE MEAN TO YOU IF YOU RUN AN INTERNATIONAL BUSINESS?

This policy update is a bad news especially for business owners with a lot of international transactions as their profit margin will now be reduced considerably. To understand this actual impact, it is important to note that users of PayPal business account are still expected to pay monthly subscription fees and there are other fixed charges per transaction they will still pay to PayPal.

So, what alternative payment gateway works for international businesses?

If you are a PayPal user in US or UK, you are probably looking for alternatives you can use to sell to international market. Before you make your choice, you need to understand what is at stake and what cost-effective options are available to you. One of such options could be VoguepPay.
While VoguePay is a relatively new online payment gateway, it was launched in 2012 and has amassed over 50,000 international merchants in Africa, Americas, Europe and Asia. In 2016, the payment company won several awards including the Forbes-recognized Achievers Award and it was named as the top 3 Fintech platforms in Africa by Finance-Indaba.

IS VOGUEPAY A CREDIBLE ALTERNATIVE TO PAYPAL FOR INTERNATIONAL PAYMENT?

The big question is: “Is VoguePay A Credible Alternative To PayPal for International payment?”. To answer this question, I will compare VoguePay with PayPal across 5 indices that are important to businesses doing international transactions.

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About Sylvester

The world will always give you the opportunity to quit. In trying times, too many people quit trying. One of the most powerful success principles ever preach is: Never Give Up!
This entry was posted in In£@ WORLD OF BU$IN€$$.! and tagged , , . Bookmark the permalink.

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