Why read this? If you manage revenue, product, or finance, each point below highlights real blockers our customers faced, the cost of staying put, and the measurable upside they unlocked after switching to Tazapay.
You must register subsidiaries and open bank accounts before accepting local methods. This meant 6–12 months of legal work, setup fees, and capital locked in minimum balances. Expansion stalls.
Tazapay Fix: One integration unlocks local payment methods in 80+ countries—no local entities required. Tazapay acts as the Merchant of Record, enabling you to collect like a local. OTAs and SaaS platforms launched in 3 new markets in under 30 days, saving over US$100k in setup costs.
Turning on each new payment rail demands dev sprints, QA, and ongoing maintenance, so product roadmaps slip and tech debt piles up.
Tazapay Fix: A single API or no-code hosted checkout auto‑adds every current and future rail. Teams cut 80% of payment‑related engineering hours after go‑live.
Card disputes and “friendly fraud” drain ops time, inflate reserves, and write off revenue.
Tazapay Fix: Irrevocable local payment methods eliminate chargebacks. For card payments, AI risk engines and 3DS optimization reduce fraud and dispute rates. Merchants recovered 2–3% of topline previously lost to disputes.
Forced currency conversions and opaque spreads quietly erode up to 5% of revenue.
Tazapay Fix: Tazapay reduces unnecessary FX by letting you hold balances in multiple currencies and convert only what you need. You benefit from transparent, competitive FX rates, with up to 80% of conversions avoided.
International card declines of 30–40% lead to abandoned carts and costly re‑acquisition campaigns.
Tazapay Fix: Local payment rails and region-preferred payment options helped global businesses lift success rates to over 85%. Marketplaces saw double‑digit GMV growth within one quarter.
Keeping pace with KYC, AML, and shifting local rules eats legal budgets and risks fines or frozen funds.
Tazapay Fix: Compliance is embedded—Tazapay is MAS-licensed and FINTRAC-registered. With automated KYC, sanctions screening, and localized flows, launches happen 4× faster with no extra compliance headcount. For India, Tazapay also supports FIRC and BOE documentation for regulatory compliance.
Switching gateways can cause downtime, failed callbacks, and angry customers.
Tazapay Fix: A dedicated migration squad runs sandbox shadow tests and parallel processing until everything passes. Clients moved millions with zero service interruption and immediate cost savings.
Managing cross-border collections, holding funds, and making payouts often requires stitching together multiple providers—slowing operations, increasing costs, and fragmenting visibility.
Tazapay Fix: Tazapay unifies the entire payment flow—collect, hold, and payout—into one platform. Accept payments via 80+ local methods, hold balances in 35+ currencies with named virtual accounts, and disburse funds in over 100 currencies globally. Businesses streamline operations, accelerate settlement cycles, and gain full control over their global cash flow.
Share your monthly cross-border volume and top target collection or payout markets, and we’ll map out exact savings and a step‑by‑step migration plan.
