Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.


Payments and indirect tax specialists partner to support customers with global growth strategies

Worldpay and Avalara announced a strategic partnership to provide payment and tax compliance services to online customers looking to trade globally. Worldpay is a global leader in payment processing, risk and alternative payments and Avalara is a leading provider of cloud-based software that delivers compliance solutions related to sales tax, VAT and other transactional taxes. This partnership helps online businesses ensure they are compliant with complex international sales regulations and are able to offer local payment methods to overseas customers.

Ava LogoKevin Dallas, Chief Product & Marketing Officer, eCommerce at Worldpay explains: “We are dedicated to helping our valued clients expand their customer reach and global footprint, as painlessly as possible. We understand that it can be complicated to set up easy, compliant business processes when entering a new market. By combining our expertise with a partner with a proven record like Avalara we can help ensure our customers are fully compliant in all areas of online trading.”

Kevin Boland, VP Global Business Development at Avalara says: “Our relationship with Worldpay represents a key strategic partnership in the payments world, which is a focus for Avalara as it continues to be an integral component of the customer journey. International indirect tax can be complex, with over 12,000 different tax jurisdictions in the US alone. Avalara helps to remove these complexities of indirect tax compliance by automating and simplifying the process for customers in a fast, easy and cost-effective way. I am very excited about the alignment between Avalara and Worldpay as we both look to help online businesses process more transactions in more markets globally.”

Avalara and Worldpay both offer global solutions, with Avalara supporting tax calculations in more than 100 countries and Worldpay offering payment processing in over 100 currencies and popular alternative payment methods. Worldpay’s customers can make and receive global online payments from just one account, improving the visibility of their income and outgoings. Avalara’s technology combines its vast proprietary database with address validation and geolocation, applying the correct taxability rules and rates, including filing and remittance.