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.
Kevin 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.