External News, Article

Duty & Tax Collection

Plusius and Hurricane: Duty and Tax Collection at Checkout

June 15. 2022

Time to read: 3 min

Embedded finance can solve expensive problems when it combines payment optimization with auxiliary services. The partnership with Hurricane Modular Commerce Ltd is aimed at offering the market a superior cross-border e-commerce experience, and even an opportunity to avoid parcel delivery interruptions and unnecessary CO2 emissions. How is that?

Conjointly, we enable Duty and Tax calculation and collection at the Point-Of-Sale. Delivered Duty Paid allows logistics companies to deliver goods to the door as the customs are already handled and settled.

Martyn Noble, CEO of Hurricane Commerce, said: "We are excited to have agreed on this strategic partnership with Plusius, a highly innovative business with the capability to provide digital payments and optimize the monetary flows between countries and currencies." (Source: Post&Parcel)

Andreas 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 (Delivered Duty Paid) 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 e-commerce."

We are deeply grateful to the whole Hurricane Modular Commerce Ltd family for the phenomenal collaboration and partnership. Our customers are in good hands to scale and stay compliant.