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Global Deals: Lessons Learned PDF Print E-mail

 The last decade has seen a dramatic increase in cross-border deal-making, and the payments industry is no exception. As national economies become ever more interdependent (a phenomenon perhaps most recently and vividly illustrated by the price shocks in the global oil markets), more payment processors and other industry players recognize the need for, and the advantages of, conducting business internationally—often expanding by acquisition, joint venture, or other transactions.


But while the benefits of international deals are compelling, global deal-making involves additional, sometimes unpredictable, nuances and complexities. Among the more common issues for payments companies considering international expansion are cultural differences, local laws and regulations, taxes, employment laws, and other issues.

 

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