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7 Misconceptions about International Payments

What’s hindering your global expansion? Here's Western Union Business Solutions' seven misconceptions that might be holding you back.

To succeed in today’s market, innovation is critical. Organisations need to be flexible and quick to adapt to changes in regulations, new technologies, new protagonists and, above all, consumer behaviour and expectations.

New regulations alone are opening up markets. The increased transparency brought by the Payment Service Directory (PSD2) and Open Banking is really shaking up the payments arena.

Huge opportunities abound, especially in global markets. But there are several misconceptions about overseas trade and international payments, that are holding businesses back. Let’s shine a light on seven of the most commonly cited myths, and reveal the truth behind the rumours.

Read the Seven misconceptions that might be holding you back

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Letters to Ministers on EU Alignment

Government needs urgently to hear from British businesses ahead of the summit between Keir Starmer and Ursula Von Der Leyen on 19th May. We would be grateful if you would consider writing privately to members of the Cabinet Office Committee on Europe in support of beneficial alignment on goods and services. 

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