At MerchantPlus, we have been helping US-based merchants accept global payments for some times.  Every case is unique, but we see a particular pattern on a regular basis: US-based startup targets the largest and easiest market first (The United States).  With limited time, resources and experience, they punt on the global market unless it bangs on their door (speak English and pays in dollars with a standard credit card).  Then, if things go really well,
I’ve been in the merchant acquiring and payment industry for over 10 years now, having started MerchatPlus as a simple way to process online payments back in 2003.  In some ways, the industry is completely different then it was a decade ago – no longer is it strange for a business to only process credit cards online (believe me, it used to be!), online applications are the norm versus triplicate copies of yellow, white and
At MerchantPlus, we work hard to keep abreast of the payment landscape, offering bootcamps on popular payment subjects and educating our customers on best practices from our 100% NYC-based support team. However, we have found that a major issue in understanding the ‘inner workings’ of the payment space is simply around knowing the terms, lingo and roles of the various players.  To that end, we’ve created a section of our website called the MerchantPlus Payment