global commerce

For Smooth Entry Into High-Growth Markets, Consult the Locals
For Smooth Entry Into High-Growth Markets, Consult the Locals
February 28, 2023  |  Cross Border Commerce

Entering high-growth markets such as India, Singapore and Indonesia can yield huge revenue gains, but assuming that all markets are alike could be a costly...

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Failure to Localize Payments Could Cost Online Merchants 60% of Sales in APAC
Failure to Localize Payments Could Cost Online Merchants 60% of Sales in APAC
February 27, 2023  |  Cross Border Commerce

Businesses worldwide are facing significant headwinds in 2023, with inflation still a global concern and rising interest rates leading to fears of recession. Many companies...

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America’s Digital Transformation Is Slow, Steady and Driven by Routine
America’s Digital Transformation Is Slow, Steady and Driven by Routine
December 22, 2022  |  Connected Economy

Global digital transformation edged forward again in Q3 2022, increasing 0.7% from Q2, reflecting a continued rise in digital activities across the 11 economies we...

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How eCommerce Can Unlock the Latin American Retail Scene
How eCommerce Can Unlock the Latin American Retail Scene
November 30, 2022  |  Cross Border Commerce

PYMNTS talks with Karen Bruck, vice president of commerce and strategic initiatives at Mercado Libre, about the unique opportunities and challenges in Latin American eCommerce. — Latin America’s eCommerce...

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Mercado Libre Says LatAm’s eCommerce Market Is Complex but Rewarding
Mercado Libre Says LatAm’s eCommerce Market Is Complex but Rewarding
November 29, 2022  |  Cross Border Commerce

Digital payments are growing fast in Latin America, threatening to overtake cash as the preferred transaction method. One study revealed that mobile bank accounts in...

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Study Finds Digital Engagement of Consumers Worldwide Jumped 1.2% in Q2
Study Finds Digital Engagement of Consumers Worldwide Jumped 1.2% in Q2
September 22, 2022  |  Connected Economy

The summer of 2022 was a watershed moment for the global digital economy. For millions of consumers in the Northern Hemisphere, this summer was the...

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OTT Pay Brings Cross-Border Transaction Processing to US
OTT Pay Brings Cross-Border Transaction Processing to US
September 16, 2022  |  Cross Border Commerce

Canadian payment service provider OTT Pay is bringing its cross-border transaction processing solutions to the U.S. to more efficiently serve global eCommerce companies. OTT Pay’s...

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An Insider’s View of S. Korea’s $92B eCommerce Market
An Insider’s View of S. Korea’s $92B eCommerce Market
August 19, 2022  |  Cross Border Commerce

  South Korea is a titan in the world economy, exploring the cutting edge of technology, finance, automotive and retail through household brands like Samsung,...

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PYMNTS Intelligence: Meeting the Challenges of the South Korean eCommerce Market
PYMNTS Intelligence: Meeting the Challenges of the South Korean eCommerce Market
August 03, 2022  |  Cross Border Commerce

South Korea has always been on the cutting edge of technology, giving rise to firms that have become household names such as Hyundai, LG and...

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