Avalara and GlobalCollect announced a strategic partnership to provide payment and indirect tax compliance services to ecommerce companies trading cross-border.
GlobalCollect, an Ingenico Group company, processes international ecommerce payments while Avalara provides compliance solutions related to sales tax, VAT and other transactional taxes. With this partnership, the global solutions providers will enable ecommerce businesses to offer payment solutions to customers globally, remaining compliant with transactional tax regulations. Avalara supports automated tax calculation in more than 100 countries and GlobalCollect securely accepts payments from more than 170 countries in more than 150 currencies with more than 150 local payment methods.
“GlobalCollect represents a key strategic partnership for us in the payments world as we continue facilitating international growth for ecommerce companies of all sizes,” stated Kevin Boland, Avalara’s vice president of business development for EMEA. “Working together, we are excited to join with GlobalCollect to help merchants successfully manage more transactions internationally.”
The relationship will also leverage Avalara’s large proprietary database that combines with address validation and geolocation to apply correct taxability rules and rates, as well as allow GlobalCollect customers to use a single web-enabled interface to manage localized payment methods and increase customer conversion rates.
“Enterprise level merchants who expand across territories encounter many new challenges,” stated Matthijs Pronk, vice president of business development at GlobalCollect. “Working together, GlobalCollect and Avalara are helping to relieve merchants’ burdens on international contracts, currency conversions, reconciliation, VAT calculation and management. Supporting them with payment products driven by deep knowledge of local payment culture means that merchants can focus on what they do best: offering great products and services online, internationally, knowing that complex payment and tax related challenges are being handled by the specialists.”
