Understanding the Complex Global Payroll Requirements of Expanding into New Corridors

Economic pressures have pushed some companies to consider global talent options, with more than two-thirds of companies (68%) in the U.S. considering outsourcing their services to emerging countries. Argentina, the Philippines, and India were the top three attractive countries to hire from globally, with outsourcing making up 10% of the Philippine economy.   Regardless of the … Continued

From Payroll Partners to Payments Tech: Top Tips for Hiring Contractors and Freelancers in Different Countries

From compliance to foreign exchange rates, businesses must consider various factors while hiring international freelancers Providing flexible work, contractors and freelancers are increasingly the backbone of many companies and startups as work becomes more remote and hybrid — also giving workers the freedom to move and work internationally, or become digital nomads. But hiring international freelancers … Continued

Client Conversations and Trends

By Samarth Bansal, V.P., Nium Checkout  We are fortunate to be in a privileged position where clients approach us to discuss and solve their payment needs. These needs vary, from new business models to expanding into new markets or enhancing efficiency in their current processes.   I have always found that clients feel more confident and … Continued

How Nium’s Checkout Product Enables Global Businesses to Enter India’s Competitive Market with Ease

By Shiva Shankar, Product Manager, Nium Checkout  Domestic payment processing is well established in India, with various players solving specific niche needs. These players range from acquirers, payment gateway aggregators, and payment orchestration providers, among others, who assist merchants in processing their sales.   However, international merchants continue to face several constraints in expanding to India. … Continued

India – An Untapped Market for Travel and Digital Goods Businesses

By: Dzmitry Mikhaliov, Director of Business Development, Nium Checkout With India’s population reaching 1.4 billion and global forecasts unanimously predicting its rise as the world’s third-largest economy by 2023, surpassing Japan and Germany, global enterprises are increasingly interested in entering the Indian market. This trend is particularly relevant for digital goods and services and travel … Continued

How APAC is Winning the Real-Time Payments Race

Introduction  The world of payments is rapidly evolving – and reshaping the world itself at the same time. When it comes to real-time payments, the Asia-Pacific (APAC) region is leading the charge. With an increasing number of countries embracing digital finance and fintech innovation, it’s no surprise that four out of the five largest real-time … Continued

How Real-Time Payments Have Fueled Latin American Economies

Latin America (LATAM) is in the middle of a real-time payments revolution that is rapidly changing how people and businesses make transactions. The emergence of fast-payment systems like Transferencia 3.0 in Argentina, PIX in Brazil, and SPEI in Mexico has driven remarkable growth while bringing a generation of consumers, workers, and suppliers online, backed by … Continued

Why you should have an international team — and how to pay them

Getting your payroll right for international employees comes with challenges — and getting it wrong can be costly As the world continues to go more digital than ever before, businesses are learning to adapt to new ways of working.  But while the nature of digitalisation means that remote workers and digital nomads are viable options … Continued

Five Payment Considerations for Global Payroll Platforms

Hiring global talent is easier than ever, with companies embracing remote work and hiring talent by the millions, regardless of geography. But, while global hiring has been easy, global payroll remains hard. With businesses of all sizes and industries hiring employees and contractors scattered across the globe, providing tools to navigate complex country-level regulations and … Continued