Core Insights - Wix has partnered with Stripe to enhance local payment options in Europe, marking the first expansion of their partnership outside North America [2][3] - The collaboration aims to provide a seamless and secure payment experience for businesses across various European countries [3][4] Group 1: Partnership Expansion - The partnership allows eligible businesses in Austria, Belgium, Finland, Germany, Italy, Lithuania, the Netherlands, Portugal, Spain, Switzerland, and the United Kingdom to accept locally preferred payment methods [3][4] - Popular local payment methods such as Klarna, iDEAL, and Clearpay will be available through Wix Payments [4] Group 2: Business Operations - All payments, orders, bookings, and payouts will be managed directly within Wix, simplifying workflows for business owners and eliminating the need for third-party tools [4] - Wix plans to further expand Stripe-powered Wix Payments into additional markets in Europe, the Middle East, Africa, and the Asia-Pacific region [4] Group 3: Market Insights - Experts emphasize the importance of understanding local payment methods for businesses entering foreign markets, highlighting the need for certifications and licenses [5] - Research indicates that 99% of cross-border shoppers expect to pay with their preferred methods, reinforcing the idea that "all payment is local" [6]