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If you have traveled abroad and purchased goods and services, you might have thought that your only concern was the exchange rate between your Canadian dollar and the local currency. Weeks later when the bills arrive, the shocking news is that somehow 7 percent was added to that big hotel bill you paid.

Learn how to quickly and easily convert Canadian Dollars (CAD) to South African Rand (ZAR) with this step-by-step guide. Get an idea of the exchange rate and decide if it's a good time to ma...

You sell a great product. It does well outside your borders and your prospects for business expansion look good.

E-commerce transactions can move at light speed. Online customers—especially those overseas—expect the same speed, convenience, and efficiency when ordering and making digital payments—or they will execute their option to shop elsewhere.

In an overseas payment transaction where you receive money from customers, the process is relatively straightforward. Your customers pay through a variety of methods and portals, and the money shows up in your account.

Thinking about going abroad to earn your undergraduate or postgraduate university degree? Consider our southern US neighbor’s top-ranked academic institutions.

Canadians working overseas or who have made an investment abroad, are likely to be subject to foreign income taxes. Some countries exempt foreign income from taxation, but residents still might have to pay tax on the sale of an asset, even if the asset is in their home country. 

The cliché “The cheque is in the mail” has never inspired confidence. In local B2B transactions, cheques are the equivalent of adding a shell to snail mail. But paper cheques still have a role in the digital age.

The best way to transfer money abroad is to choose the optimum method for your circumstances, access the most favorable exchange rates, and avoid hidden fees. Those choices must be balanced against convenience, speed, and security compliance.

Risk frequently follows the opportunities for foreign business transactions. With the advancement of technology, along with innovation in eCommerce, it has become easier for companies to operate virtually, without geographical constraints.