Hurricane Commerce and Plusius sign “unique cross-border eCommerce partnership”

Hurricane Commerce and Plusius sign unique cross border eCommerce partnership

Leading cross-border eCommerce data specialist Hurricane Commerce and Swedish fintech Plusius have agreed a “world first” strategic partnership.

The combined offering brings together Hurricane’s solutions covering duty and tax calculation and compliance screening with Plusius’s financial services enabling payment facilitation, escrow, currency exchange and verification.

The two companies are now able to facilitate a duty and tax [Delivered Duty Unpaid] solution bringing together their joint service offering. They have further agreed a roadmap to a complete and unique product offering to benefit businesses involved in cross-border eCommerce.

The combination of the Hurricane and Plusius services will ultimately enable an end-to-end Delivered Duty Paid [DDP] solution from HS code classification, duty and tax calculation and compliance screening through to full VAT collection and reconciliation. This will be of particular benefit to eCommerce businesses using the EU’s Import One-Stop Shop [IOSS].

The offering will also assist in reducing the number of goods returned to merchants due to unpaid taxes by consumers which, in turn, will cut the carbon footprint of online retailers and their delivery partners.

Martyn Noble, CEO of Hurricane Commerce, said: “We are excited to have agreed this strategic partnership with Plusius, a highly innovative business with the capability to provide digital payments and optimise the monetary flows between countries and currencies.

“We are looking forward to working closely with the Plusius team to take to market a joint product offering that will enable customers including retailers, marketplaces, carriers and other financial service providers to achieve seamless cross-border eCommerce.”

 

Plusius CEO, Andreas WickbergAndreas Wickberg, CEO of Plusius, said: “We are delighted to have agreed this world-first strategic partnership with Hurricane bringing together cross-border fintech and data expertise.

“We are looking forward to onboarding customers immediately and continuing to develop our combined DDP offering, taking it to existing and new customers who will benefit from the transformational impact it can have on their cross-border capabilities and their ability to achieve scale and compliance in global eCommerce.”

 

Hurricane in the media:

Fintech and Finance News – Hurricane Commerce and Plusius sign “unique cross-border eCommerce partnership”

Post and Parcel – Hurricane Commerce and Plusius sign “unique cross-border eCommerce partnership”

Multichannel Merchant – Hurricane Commerce and Plusius sign “unique cross-border eCommerce partnership”

Channel X – Hurricane Commerce and Plusius unique cross-border ecommerce solution

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Martin Palmer
Co-Founder

Interesting Fact: I started my working life training to be an accountant but decided I hated numbers. (Ironically I now love them!). I really wanted to join the Hong Kong Police force but couldn’t do that until i was 24. I took a temporary job in Imports and 47 years later here I am.

Favourite Music: There only was one choice. Harry Chapin. Meant a lot to me in my early years as an import broker. We played Chapin for hours and this one seemed to cover so many modes.

Favourite Quote: “No man is an island”

Neil Harmer

Operations Director

Interesting Fact:  As a Geologist my idea of the perfect beach holiday is going to the beach and investigating the rocks in the cliffs behind.

Favourite Music:  Broken Stones – Paul Weller, I’m a huge Paul Weller / The Jam fan; Broken Stones is a very relaxing song, I love the use of the electric piano in it

Favourite Quote: “Don’t put off until tomorrow what you can do today”. This is a great quote by Benjamin Franklin, to have in your head when working through a series of tasks to help keep focused.

Robert Dundas
Sales Director

Interesting Fact:  One of my life goals is to be able to speak French, I’ve been doing Duolingo every day for the last five years, and I’m still rubbish! 

Favourite Music: Where do I even start! Tom Petty Running Down a Dream, this is my top-down driving next to the ocean song

Favourite Quote: “This time will pass”

ASHLEY DEXTER
CFO & Co-founder

Interesting Fact: I was nearly named Battle Dexter (I would have probably now been residing in one of His Majesty’s establishments)

Favourite Music: Even though I spent a few years in the music industry my taste of music was always a cause for concern with my colleagues, so to surprise them all my current favourite is Kids by MGMT (absolute belter)

Favourite Quote: “Quitters never win and winners never quit”

Ian Venner
CTO & Co-founder

Interesting Fact: Runs Red Lantern Records, a not-for-profit, ethical label as a side project, whose artists have regular national BBC radio airplay.

Favourite Music: Tom Waits, pretty much all of his work.  Beautifully observed avante-garde vignettes of life.  Oh, and anything really loud!

Favourite Quote: “It’s not the mountains we climb, but the grit in our shoe that grinds us down” – which sums up taking a business from start-up to enterprise.

Martyn Noble
CEO & Co-founder

Interesting Fact: Played a high standard of semi-professional rugby union (too many years ago now!)

Favourite Music: Led Zeppelin – Stairway to Heaven…my first live gig – Knebworth 11th August 1979, the track never grows old and is the iconic song of ‘hope’ whatever mood you are in when listening too it…and I’m still trying to work out what the lyrics mean!!

Favourite Quote: “Know your customers, Know your People, Know your Numbers” – plagiarised from Sir John Harvey Jones when I met him very early on in my career and values I stick to in my business life.