This strategic partnership will provide Wix
merchants with an advanced cross-border eCommerce solution,
simplifying international payments, shipping, tax and
compliance
NEW
YORK, Feb. 20, 2024 /PRNewswire/ -- Wix.com Ltd.
(NASDAQ: WIX), the leading SaaS website builder platform to create,
manage, and grow a global digital presence1, today
announced a strategic partnership with Global-e Online Ltd.
(Nasdaq: GLBE), the global leader of Direct-To-Consumer cross
border eCommerce enablement, to offer Wix merchants an advanced
international cross-border selling solution. This partnership
builds on Wix's robust eCommerce capabilities, empowering merchants
to expand their businesses by tapping into Global-e's
industry-leading cross-border functionalities, providing an
opportunity to effortlessly enter and sell in new global
markets.
With Global-e, Wix merchants can provide their customers with a
fully localized checkout, support multiple currency transactions,
benefit from customizable pricing capabilities and have the ability
to tailor their offering to specific markets.
Key features of the partnership include:
- Multi-Currency Selling Without Boundaries: Wix merchants
can seamlessly present pricing and accept payments in more than 100
currencies, enabling their global customers to browse and buy in
their local currency.
- Localized Welcome & Checkout Experience: A
customized welcome message and checkout process that includes
payment methods, shipping options, and language translation that
are set up per market, to adapt to buyers local market
preferences.
- Duty & Tax Calculation and Pre-Payment: Advanced tax
and duty setup in alignment with local market regulations and best
practices, providing global customers with the total cost of their
purchase at checkout.
- Country-Specific Pricing: Wix merchants gain the
flexibility to set different prices for products in different
countries to better cater to regional markets.
- Enhanced International Payment Processing: Wix merchants
can offer their customers a wide variety of payment methods in each
market, such as online payment options and buy-now-pay-later.
Merchants mitigate risk by benefiting from a robust international
payments fraud prevention solution.
- Streamlined Global Operations: End-to-end international
logistics solution that covers multiple shipping options, local and
pre-paid returns, customer service portal and import
processing.
- Local Market Insights and Best Practices: Wix merchants
can leverage Global-e's proprietary data-driven business
intelligence models and know-hows, to optimize their global
offerings and speed up time to market.
"We are committed to empowering our merchants to grow their
business in the global marketplace and provide them with the tools
they need for streamlined international expansion. Our
collaboration with Global-e removes the complications involved in
selling online internationally, enabling Wix merchants to maximize
their reach globally, breaking down barriers to international
commerce," said Oren Inditzky, VP of Online Stores at Wix.
"Global-e's expertise in global eCommerce aligns seamlessly with
our mission to democratize eCommerce and empower online businesses
of all sizes around the world. Together, we are enabling merchants
to grow their business and thrive globally."
"The global D2C e-commerce market is consistently growing,
presenting brands an immense opportunity to drive growth and
generate new revenue streams. However, the "global market" is not
one market, rather it's an amalgamation of hundreds of markets,
each with its own characteristics, regulations and local consumer
preferences," said Dan Brow, Vice
President of Global Partnerships at Global-e. "To succeed globally,
brands need to know and adapt to local market preferences, and we
are thrilled to provide Wix merchants with a robust solution that
will help them maximize their potential and successfully expand
their global footprint."
To learn more visit: https://www.global-e.com/wix
About Wix.com Ltd.
Wix is the leading SaaS website
builder platform to create, manage, and grow a global, digital
presence globally1. What began as a website builder in
2006 is now a complete platform providing self-creators, agencies,
and enterprises, with distinguished performance, security, and a
reliable infrastructure. With a focus on continuous innovation, a
wide range of commerce and business solutions, advanced SEO,
marketing tools, and industry-leading AI technologies, Wix users
have full ownership of their brand and unmatched creative freedom.
Complimenting the Wix platform for self-creators, Wix
Studio is an advanced creation and management platform for
agencies and freelancers.
For more about Wix, please visit our Press Room.
Media Relations Contact: PR@wix.com
1 Based on number of active live sites as
reported by competitors' figures, independent third-party-data and
internal data as of Q3 2023.
About Global-E Online Ltd.
Global-e (Nasdaq:
GLBE) is the world's leading platform enabling and accelerating
global, Direct-To-Consumer cross-border e-commerce. The chosen
partner of over 1,000 brands and retailers across the United
States, Europe and Asia, Global-e makes selling
internationally as simple as selling domestically. The company
enables merchants to increase the conversion of international
traffic into sales by offering online shoppers in over 200
destinations worldwide a seamless, localized shopping experience.
Global-e's end-to-end e-commerce solutions combine best-in-class
localization capabilities, big-data best-practice business
intelligence models, streamlined international logistics and vast
cross-border experience, enabling international shoppers to buy
seamlessly online and retailers to sell to, and from, anywhere in
the world.
For more information, please visit: www.global-e.com.
Press Contact:
Headline Media
Globale@headline.media
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SOURCE Wix Com Ltd
