Pitney Bowes has expanded its Global Trade Solutions portal, a set of technological protocols designed to facilitate seamless international trade. Users can access the portal to:
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Manage Guaranteed Delivered Duty Paid (DDP) shipments;
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Calculate import duty and taxes;
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Access resources for country import/export guides; and
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Look up full digit Harmonized System (HS) commodity codes and restrictions.
Because duties, taxes and trade restrictions vary from country to country, merchants need to create a transparent experience, including accurate final costs, for the end customer.
The portal can help retailers navigate the complexities of global trade while expanding cross-border reach with these web tools and APIs. The APIs can be embedded in business processes, for example to enable a merchant to charge accurate import duty and taxes at checkout, and to offer a total landed cost to international customers.
The APIs also allow merchants to classify their product catalog and create required documentation — such as a commercial invoice or packing list — including 10-digit HS codes for the country of destination.
This solution is part of the Pitney Bowes Commerce Cloud.