Tazapay | Tazapay

Blog
Guides

B2B Payment

Customs & Incoterms

Export & Import

B2B Payments

B2B Payment Landscape: What Does It Entail

The past decade has seen a slow but steady shift in the B2B payment landscape. The various entities are leaning towards digitising the entire landscape, ensuring it becomes cashless, contactless, and convenient. In the year 2020, the B2B market size was value at $6.69 trillion in digital transactions which are meant to touch around $20.9 trillion by 2027 [1]. How can companies steer the B2B payments landscape? The majority of the online payment solutions are built keeping B2C use cases at the f

Oct 12, 2021

5 min of read

B2B Payment

Payment gateways play a crucial role in online transactions, by authorising and enabling the transfer of money between the buyer and retailer. An online retailer, be it local or international that accepts payments via the internet needs a payment gateway. For cross-border buying, international payment gateways [https://tazapay.com/] such as PayPal and Stripe are quite popular. Since more and more consumers have their purchase preferences online and rely heavily on e-commerce purchases, merchant

Oct 12, 2021

5 min of read

B2B Payment

Top Emerging B2B Payment Trends

The past ten years have seen a gradual shift in the B2B payments sector – there has been a steady need to digitise this sphere, making it contactless and cashless. The year 2020 valued the B2B market size at $6.69 trillion in digital transactions and this was further expected to reach $20.9 trillion by 2027. [https://www.globenewswire.com/fr/news-release/2020/09/24/2098493/28124/en/Global-20-9-Trillion-Business-To-Business-B2B-E-Commerce-Markets-Size-Share-Trends-Analysis-Forecasts-2016-2019-202

Oct 12, 2021

3 min of read

See all 27 Posts

Customs & Incoterms

2010 vs. 2020: What Has Changed in Incoterms

The proliferation of the Internet, e-commerce, and opening up of international trade norms across the world have made it easier for buyers and sellers, importers and exporters across the world to conduct trade and business deals. The varying import and export norms and practices in different countries, however, present the risk of misunderstandings and disputes. To resolve these and to facilitate global trade the International Chamber of Commerce (ICC) has established the Intercoms (Internationa

Sep 9, 2021

2 min of read

Customs & Incoterms

Seller Obligations under DDP Incoterms

Every day, millions of tons of cargo are shipped to destinations within a country or overseas. Hence, rules and regulations regarding incoterms have been enacted to manage this national and international trade. There are 11 incoterms, and these list out the responsibilities of both buyers and sellers. Delivery Duty Paid (DPP) is one of these 11 incoterms and defines the responsibility of sellers. Courtesy of seller.alibaba.comObligations of the sellers DPP is a delivery agreement between the bu

Aug 5, 2021

2 min of read

Customs & Incoterms

Top Reasons Why Ex Works Might Not Probably Be the Best Choice for Your Business

The EX Work Incoterm is commonly known as EXW Incoterm, often heard during the trade sector, especially for importing and exporting goods. When you opt for an EXW incoterm, the seller is only responsible for delivering goods to the designated location. Everything after that, including the shipping cost, is covered by the buyer. Therefore, this arrangement is more suitable for sellers as it has limited obligations for them. Under this incoterm, once the merchandise is packed, the full responsibi

Aug 3, 2021

3 min of read

See all 30 Posts

Export & Import

How To Get An Import Permit/License In Singapore

So, you have decided to import goods to Singapore – one of the largest trading hubs in not only South East Asia but the entire world. For decades, Singapore has ranked consistently amongst the world’s best countries in terms of ease of doing business. This has been fuelled by its remarkable connectivity and logistics infrastructure, appetite for innovation, skilled labor, and hassle-free regulations. But before you begin with your venture, it is important to be aware of all the prerequisites of

Sep 21, 2021

2 min of read

Export & Import

How To Source And Vet Suppliers On Alibaba And Best Mode Of Payment

Alibaba is China's largest e-commerce company and one of the world's largest B2B e-commerce spaces. This means that millions of small, medium, and large businesses and enterprises use Alibaba.com to buy and sell products. If you are a business looking to source high-quality products at competitive rates or are a vendor looking to expand your marketplace and looking to sell your products overseas, chances are you may have enlisted on Alibaba. The large multitude of sellers, exporters, and vendors

Sep 21, 2021

2 min of read

Export & Import

Important Things to Consider While Transporting Perishable Goods

The most important consideration to be kept in mind while transporting perishable goods, such as fruits, vegetables, dairy items, raw meats, and poultry is guaranteeing their freshness. Their transportation needs to be handled under the right temperature conditions because of their short shelf-life & special storage conditions to ensure they stay fresh. Certain protocols and rules need to be considered while transporting these items to prevent a loss to either of the parties involved. Right fro

Sep 17, 2021

4 min of read

See all 27 Posts

Guides

Customs and Incoterms (A Simple Guide)

Incoterms, simply meaning INternational COmmercial TERMS, is a phrase first coined by the International Chamber of Commerce in 1936.

Jul 19, 2021

3 min of read

Guides

Export and Import (A Simple Guide)

International trade comes with lots of risks, documents and terms. Learn everything about Export and Import in this simple guide.

Sept 6, 2021

3 min of read

B2B Payments

Customs & Incoterms

Export & Import

Business Verification

Escrow

Resources

About Us