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Events > Export Academy: International business payments made easy
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Export Academy: International business payments made easy

08/03/2022 10:00-11:00

Zoom

 

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Join the Department for International Trade (DIT) North East and international payments specialists, WorldFirst for a FREE virtual masterclass, covering the implications of foreign exchange when trading overseas.

Whether you trade domestically, internationally, or both, all businesses rely on a payment ecosystem to send or collect payments from anywhere. 

Payments are central to all business activity. For businesses who trade internationally, it is essential to understand the complications that can arise.  In most cases, a natural by-product of a global payment is an exposure to foreign exchange and during times of uncertainty the instability of foreign exchange can be larger than the average profit margin.

In this session we will:

  • Provide an overview of the implications of foreign exchange on businesses
  • Discuss the key considerations to help you implement a simple but robust system and policy
  • Review bank vs non-bank solutions and the options available, including the evolution of payments within an increasingly technology driven market

Mark Williams
Senior Relationship Manager
World First UK Ltd

Mark has worked in the global payments sector for 15 years, developing a wealth of experience across relationship management, partnerships and team management.  In this time Mark has supported thousands of UK businesses in overcoming the barriers to international trade, enabling them to integrate with a payments infrastructure to make and collect payments from any country or market they are trading with or growing in to.  Mark has extensive knowledge of the challenges many businesses are faced with associated to international trade, not least the impact that FX market volatility can have on costs and profit margins.  Mark has provided consultation to businesses concerned about FX market volatility to help them in building a simple to manage, but robust & flexible approach to mitigate these risks, protect costs/profits and have the confidence to continue to grow their business.

In his current role with World First Mark is responsible for developing and managing partner relationships with key accounting industry and wider professional and financial services companies, collaborating to provide businesses with insight and support, whilst enabling them to access a payments ecosystem to seamlessly trade anywhere in the world, without barriers, and access transparent, sustainable, industry leading pricing.  Mark describes himself as a “growth enabler” providing the support and solutions to allow companies to grow export sales through new markets and territories, leveraging the worlds largest and fastest growing B2B and B2C e-commerce platforms.