What is Payment Localization?
Payment localization is the process of adapting payment methods, currencies, and checkout experiences to align with the preferences and expectations of customers in a specific region or country.
For B2B businesses, payment localization ensures that international clients can transact seamlessly using methods they trust and understand, enhancing their overall experience
How Payment Localization Works:
Analyzing the payment preferences and regulatory requirements of the target region. A Merchant of Records, like Dodo Payments provides this specific solution for SaaS business.
Integrating local payment methods like bank transfers, e-wallets, or mobile payment solutions in the target region.
Use localized language, currency, and tax displays to create a familiar environment for clients.
Automate tax calculations (e.g., VAT, GST) and adhere to region-specific data protection laws.
