Pitney Bowes Launches Global Trade Solutions to Power Global Commerce in the Cloud

Guaranteed Delivered Duty Paid (DDP) takes cost uncertainty out of
cross-border trade improving experience for both buyers and sellers

STAMFORD, Conn.–(BUSINESS WIRE)–Pitney
Bowes Inc.
(NYSE:PBI), a global technology company that provides
innovative products and solutions to power commerce, today announced the
expansion of its Global Trade Solutions to facilitate cross-border
trade. The web-based technology of the Global Trade Solutions portal now
offers management of Guaranteed
Delivered Duty Paid (DDP)
shipments along with calculation of import
duty and taxes, lookup of full digit Harmonized System (HS) commodity
codes and restrictions. Retailers, logistics providers and postal
operators can navigate the complexities of global trade, while expanding
cross-border reach.

“As the opportunity for global cross-border trade expands, so does the
complexity. More consumers from more countries are shopping the globe,
however duties, taxes and restrictions vary by country and territory,”
said Lila Snyder, Executive Vice President and President of Global
Ecommerce, Pitney Bowes. “To be successful, merchants need to create a
transparent experience, including accurate final costs for the end
customer. Our Global Trade Solutions provide the tools to easily access
and use the broad range of data, rules and regulations needed for
cross-border trade in over 140 countries and territories.”

Pitney Bowes Global Trade Solutions improves the process through easy to
use and up-to-date tools; fast and easy to implement API web services;
and 24/7 tariff classification services at scale. Whether it is
understanding customs rules, looking-up HS tariff codes, identification
of restrictions or export controls, the SaaS platform of Global Trade
Solutions delivers a unique set of technological protocols for seamless
international trade.

“Avenue 32 first started using Global Trade Solutions at the time when
we were seeing our international markets enjoying triple-digit growth,
but a delivery performance that was impacting negatively on our
returning business,” shared John Brien, Commercial Director at Avenue
32, an online luxury shopping site. “The implementation was an
effortless ‘plug-in’ and by making use of low-maintenance classification
uploads we enabled fully pre-paid duty payments at checkout. Since
launch, we have not had a single duty query on any international
delivery; either by customs authority or customers. Moreover, with the
expedited customs clearance, we are able to offer standard 1-2 day
delivery from our UK warehouse to any destination in the USA. The Global
Trade Solution provides outstanding customer service with professional
and tailored support, as well as representing excellent value for the
money.”

In a short time, Global Trade Solutions have on-boarded over
5,000 customers in 88 countries. Clients can access Global Trade
Solutions in three ways, by using:

  • Web tools to: calculate import duty and taxes; lookup HS codes, rates
    and restrictions; and access resources for country import/export
    guides, denied party screening and Guaranteed DDP.
  • APIs that can be embedded seamlessly 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 their international
    customers. The APIs allow merchants to classify their product catalog,
    charge accurate import duty and taxes at checkout and create required
    documentation (commercial invoice, packing list), including 10-digit
    HS codes for the country of destination.
  • Product classification services — whether for a single product or for
    an entire catalog — with a choice of human classification by trade
    experts or machine classification.

The Pitney Bowes Global Trade Solutions are an integral part of the Pitney
Bowes Commerce Cloud
, a commerce enabler, providing access to
solutions, analytics and APIs across the full commerce continuum with
speed and agility to help clients identify customers, locate
opportunities, enable communications, power shipping from anywhere to
everywhere and manage payments.

About Pitney Bowes

Pitney Bowes (NYSE: PBI) is a global technology company offering
innovative products and solutions that enable commerce in the areas of
customer information management, location intelligence, customer
engagement, shipping and mailing, and global ecommerce. More than 1.5
million clients in approximately 100 countries around the world rely on
products, solutions and services from Pitney Bowes. For additional
information, visit Pitney Bowes at www.pitneybowes.com.

Contacts

Pitney Bowes Inc.
Dan Burris, 203-449-7635
daniel.burris@pb.com