---
title: Payment and Currency Handling — RGM Training
url: https://realgrowthmatters.com/training/international-marketing/payment-and-currency-handling/
updated: 2026-06-10
source_html: https://realgrowthmatters.com/training/international-marketing/payment-and-currency-handling/
---

[Home](../../../index.html) › [Training](../../index.html) › [International Marketing](../index.html) › Payment and Currency Handling

RGM° · Training

# Payment and Currency Handling

Friction kills international conversion. Methods, currency, tax.

### What you will learn

1. [Why payment / currency](#why)
2. [Methods by region](#methods)
3. [Currency strategy](#currency)
4. [Tax](#tax)
5. [Advanced playbook](#advanced)
6. [Mistakes](#mistakes)
7. [Checklist](#checklist)

## Why payment / currency

Payment friction kills international conversion. Currency strategy affects margin and consumer trust. Local payment methods often required.

## Methods by region

- EU: SEPA, iDEAL (Netherlands), Bancontact (Belgium), Sofort (Germany).
- UK: cards + open banking.
- LATAM: Pix (Brazil), OXXO (Mexico), Mercado Pago.
- SEA: GrabPay, GoPay, DANA, AliPay.
- India: UPI, Paytm.
- China: AliPay, WeChat Pay.
- Japan: Konbini.

## Currency strategy

- Local currency display.
- Local pricing strategy (not just FX conversion).
- Margin per region.
- FX risk management.
- Refund processing.
- Multi-currency accounting.

## Tax

- VAT (EU, UK).
- GST (Australia, India, etc.).
- Sales tax (US states).
- Customs / duties for physical goods.
- DAC7 (EU platforms).
- 1099-K (US).

## Advanced playbook

- Local payment methods per market.
- Local currency display.
- Local pricing strategy.
- FX risk management.
- VAT / GST compliance.
- Customs / duties for physical goods.
- Multi-currency accounting.
- Tax compliance ongoing.
- Annual payment strategy review.
- Cross-functional ownership.

## Mistakes

- Local payment methods absent.
- Currency display in foreign currency only.
- Pricing strategy is FX conversion.
- FX risk unmanaged.
- VAT / GST compliance broken.
- Customs / duties surprise customers.
- Multi-currency accounting absent.
- Tax compliance reactive.
- Annual review skipped.
- Cross-functional ownership unclear.

## Checklist

- Local payment methods per market
- Local currency display
- Local pricing strategy
- FX risk management
- VAT / GST compliance
- Customs / duties for physical goods
- Multi-currency accounting
- Tax compliance ongoing
- Annual payment strategy review
- Cross-functional ownership

## Sources and further reading

- Stripe international research
- Adyen payment research
- PayPal international
- Avalara tax compliance
- TaxJar SaaS tax
- RGM DTC Growth international expansion
- RGM Marketing Operations finance module
- Local payment provider documentation
- HBR international payment
- International Trade Administration
- Marketing Brew payment coverage
- Reed Smith international tax

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Part of the [International Marketing](../index.html) series.