Avoid Brexit Processing Fees with BridgerPay & Reach

What we covered

In this webinar, Ran Cohen and Matthew Steinbrecher from Reach discussed the impact of Brexit on cross-border transactions and how merchants can adapt using the right infrastructure. They explained how the UK’s departure from the EU turned formerly domestic transactions into cross-border ones, triggering new regulations, higher fees, and lower approval rates. Merchants in the UK selling to European customers now face up to a 2 percent increase in payment processing costs due to added Visa and Mastercard cross-border fees, PSP surcharges, and stricter fraud checks. Shoppers are also experiencing more failed transactions because banks flag international purchases as higher risk. To solve this, Reach enables merchants to process locally using their infrastructure without opening foreign entities.

This approach reduces costs, boosts approval rates, and simplifies VAT and compliance across multiple regions. The conversation covered how Reach and BridgerPay work together through native integration, allowing merchants to activate local processing in just a few clicks. The speakers also addressed issues around foreign exchange, particularly for Australian and Asia-Pacific businesses, where cross-border fees and currency conversions can erode margins. By routing payments through local banks and avoiding unnecessary conversions, Reach helps merchants lower total costs and streamline operations. The session closed with an overview of plugin support for platforms like PrestaShop and Magento, and emphasized the savings and efficiency gained when BridgerPay and Reach are used together.