What is the best payment gateway for a Hong Kong-based company, that supports both local and international payments?
To be completely honest, there are literally hundreds of different payment gateways to choose from that can all process international payments for an e-Commerce website. Processing international payments can prove challenging for many companies, however, because of the need to perform both authorizations and settlements in foreign currencies. To be able to do so, a business must establish an official presence (merchant account) in each of the countries within which services are provided, in addition to partnering with an acquirer offering cross-border transactions and currency conversion services. Conversely, if there is only a need to conduct business in a single currency, businesses are free to partner with any processor supporting the desired currency. Typically, the choice of a payment gateway is also based on a wide variety of additional criteria (transaction pricing, ease of integration, availability of specific features, etc.). So, depending on the features and function...