Tazapay | Tazapay

Escrow
Business Verification
Marketplaces & platforms
Find what your business needs to be successful
Resource Center Blog
B2B Payment

Custom & Incoterms

Export & Imports
Guides Trade Process
Resources
About Us

ไทย
Login
Get Started

Blog
Guides

B2B Payment

Customs & Incoterms

Export & Import

B2B Payments

Benefits of Going Digital with B2B Payment Process

The aftermath of COVID has not spared anyone ranging from SME businesses to large established enterprises, thereby accelerating the need to move to digital payments with an unprecedented sense of urgency across the B2B payment landscape. Business as usual had a new meaning and organizations shifted to a remote style of working. Legacy payments that were on-premise got stranded and paper checks were getting piled up across the globe in office mailboxes. The timing was not in favour of the slowd

Nov 23, 2021

3 min of read

Trends Reshaping Cross-Border Payments

The onset of international payments has been a constant in the financial sector, aiding commerce and trade. Whether it’s sending money back home or international business contracts, today’s bustling global commerce can be correlated to the growing volume of international payments. According to research done by EY, by 2022, the cross-border payment flow globally is set to touch US$ 156 trillion. Though it is a significantly growing and valued sector, it is characterised by multiple pain points s

Nov 23, 2021

5 min of read

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

See all 29 Posts

Customs & Incoterms

Customs & Incoterms

DDP vs. DAP vs. DAT: Understanding the Difference

Incoterms basically indicate the point from where you are held responsible for taking certain risks and the costs involved. Additionally, it can also affect the incoterms you have negotiated with your supplier as well as the expertise that are needed by you to understand the definite processes involved in importing your goods. DAP - What does it stand for when it comes to shipping logistics? As far as shipping logistics are concerned, DAP is an international trade term and an acronym for Delive

Nov 23, 2021

3 min of read

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

See all 31 Posts

Export & Import

Export & Import

Problems Escrow Is Intended to Solve

Escrow is a legal arrangement in which a third party temporarily holds large sums of money or property until a particular condition has been met (such as the fulfillment of a purchase agreement). Agents hold the funds or assets in digital 3rd party escrow accounts until the predetermined contractual obligations are met by the two parties. As such, digital escrow is emerging as a major alternative to other forms of major B2B and B2C payments such as letters of credit, while also solving age-old

Nov 23, 2021

3 min of read

Export & Import

Frequently Asked Questions on Letter of Credit

In international trade and business dealings, a Letter of Credit is a trusted way of mitigating the risk for vendors. Its universal acceptance amongst business-conducting parties comes from the ease with which it established a clear intent and ability to pay. Its importance can be gauged from the fact that the global letter of credit confirmation market is projected to reach a value of $4.99 billion [about:blank] by 2027. Yet, the term can be confusing for many people, especially those who are

Nov 23, 2021

4 min of read

Export & Import

Import Shipment Procedure in the Philippines: A Guide

An archipelago comprising 7,641 islands, the Philippines shares its sea borders with Indonesia, China, Japan, Taiwan, Palau, Malaysia, and Vietnam. Philippines’ top trade destinations include Singapore, Japan, China, Korea, and the United States. Here are the best import shipment procedures and practices to follow in the Philippines. Importer Registration In order to list yourself as an importer, first and foremost, the business requires an Import Clearance Certificate which is issued by the Bu

Nov 23, 2021

3 min of read

See all 30 Posts

Guides

International B2B Payments – A simple guide

B2B (business to business) payments are the transactions between two companies, rather than between a company and a direct customer.

Oct 29, 2021

24 min of read

Guides

Export & Import (A Simple Guide)

When goods move from one country to another, the following considerations are to be kept in mind: Physical movement of goods, insurance of goods, legal requirements within the countries

Sep 6, 2021

20 min of read

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. A growing increase in the number of shippers and carriers globally, each using their own shipping phrases, had resulted in a great deal of confusion.

Jul 19, 2021

12 min of read

Business Verification

Get Started

Escrow

Escrow for exports & imports
Escrow for service
Marketplace & Platforms
Why Tazapay
Pricing

Resources

Resource center
Blog
Guides
Trade Process

About Us

Team
Reviews & Testimonials
News & Media
Contact Us
FAQ

© 2021 Tazapay. All right reserved.

Terms of Service

Facebook

Linkedin