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The path to successful cross-border eCommerce – How Hurricane’s solutions can help you successfully trade cross-border.

Cross-border eCommerce can provide any business with the opportunity to expand and open their business up to more markets and customers. Whilst this sounds like a fantastic proposition, there are many issues to contend with when first starting out.

There has recently been a large increase in the amount of regulations and compliance rules that are being introduced and monitored, which are often missed by smaller businesses who may not have any previous experience with customs.

There is a sharp focus on knowing what you are sending, and who you are sending it to.

Unknowingly sending an item into a country that requires a licence or sending goods to a blacklisted customer will end up with a business facing fines, and goods being destroyed.

Hurricane has developed 3 main solutions to help businesses stay compliant, and successfully expand their business into cross-border eCommerce.

They are Import Duty and Tax calculations, Prohibited and Restricted Goods Screening and Denied Party Screening. Below we show what these solutions do, and how they can help your business navigate cross-border eCommerce.

Duty and Tax

Every product has a duty and tax rate applied by individual customs upon importation. Individual countries also have their own deminimis levels, which are the values under which products do not have any duty or taxes applied to them.

It can therefore be difficult to calculate the duty and tax rates applicable in checkout. Hurricane’s duty and tax calculator allows businesses to show their customers the total cost of any purchase, drastically reducing negative customer experiences and customer churn.

Prohibited and Restricted Goods

Each country’s customs have their own rules on what can and can’t be imported, and whether special licences or permissions are required. Having carried out deep analysis of restrictions and requirements for importing, exporting and transporting goods in 154 countries, covering 97% of global GDP, Hurricane provides feedback on prohibited and restricted codes. Hurricane’s screening prevents goods from being wrongly transported or imported, ensuring there are no compliance slip ups.

Denied Party Screening

Denied Party Screening is becoming crucial for any business trading cross-border as punishments become more severe. Hurricane’s screening allows businesses to see if their customers and partners are on any of the global denied parties lists, allowing you to control who you sell your products to.

Compliance is key

Transparency is key to providing a positive customer experience. It is incredibly cost-effective and affordable compared to fines that can be given due to non-compliance.

Hurricane can also be a key selling point for your customers, as they will know that all costs will be paid upfront and transit times will be reduced.

Contact us to find out how Hurricane can help your business navigate the uncertainties of cross-border eCommerce.

Lenton Group selects Hurricane Commerce’s Duty and Tax calculator for global shipments

Lenton Group, the global logistics and transport provider, has announced a partnership with Hurricane Commerce.

Lenton Group has selected Hurricane’s Duty and Tax calculator to support the launch of its Delivered Duty Paid (DDP) solution and its commitment to a seamless cross-border trade experience for its eCommerce customers.

The Duty and Tax calculator is available through Lenton Group’s Hub-Ez, a one-stop logistics platform for online sellers, marketplaces and others involved in cross-border eCommerce.

Establishing the partnership with Hong Kong-headquartered Lenton Group will form an integral part of Hurricane’s expansion into Asia Pacific.

The company was founded in 2016 to provide postal operators, carriers, merchants, marketplaces and platforms with a suite of solutions to enable clients to achieve frictionless eCommerce trade in the face of ever-increasing global regulation.

Hurricane’s industry-leading APIs cover data enhancement, duty and tax calculation, prohibited and restricted goods screening and denied parties screening.

Lenton Group’s Alex Langslow said: “We are pleased to announce our new partnership with Hurricane Commerce, allowing all our customers access to a leading platform for calculating duties and taxes for international shipments around the world.

“The Duty and Tax calculator is available on our online portal, Hub-Ez, and will be integrated into many of our upcoming products.

“eCommerce is a fast-growing and rapidly evolving part of the Lenton Group business and partnering with best-in-class technology companies like Hurricane is an important part of our strategy.”

Martyn Noble, CEO of Hurricane Commerce, said: “We are delighted to be partnering with the Lenton Group and for our solutions to be playing a critical role in ensuring the seamless cross-border trade of their customers’ international shipments.

“Major events like Brexit, the US STOP Act, ICS2 and EU VAT reforms mean that complete and accurate data on eCommerce parcels has never been more important than it is today.

“Hurricane’s leading-edge technology solutions have been specifically designed to simplify the complex and ensure frictionless cross-border trade.”

 

For more information on the Lenton Group’s services, click the image below:

 

 

 

 

 

Hurricane in the media:

Tamebay – Lenton Group announces partnership with Hurricane Commerce

Post and Parcel – Lenton Group and Hurricane sign a cross-border e-commerce partnership

Parcel and Postal Technology International – Lenton Group selects Hurricane Commerce’s Duty and Tax calculator for global shipments

Multi Channel Merchant – Lenton Group Selects Hurricane Commerce’s Duty and Tax Calculator for Global Shipments

Apex Insight – Lenton Group to use Hurricane Commerce duty and tax calculator

Air Cargo Week – Lenton Group partners with Hurricane Commerce