Global Payments

Globalization is driving corporations to transact more frequently across borders. Consumers are also transacting more on a global basis—buying from foreign eCommerce sites as well as traveling, living, and working abroad. For the payments industry, the result is higher volumes of payments—in terms of both currency value and number of transactions. This is also leading to a consequent shift downwards in the average value of these payments.

QR Codes and Faster Payments May Hasten Rise of Super Apps
QR Codes and Faster Payments May Hasten Rise of Super Apps
March 25, 2024  |  Payment Methods

Decades after being introduced, QR codes may help super apps take shape and gain even more momentum across the globe. Quick response (QR) codes first...

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Trustly and MoneyGram Launch Cardless Cross-Border Payments in Europe
Trustly and MoneyGram Launch Cardless Cross-Border Payments in Europe
March 20, 2024  |  Cross-border Payments

Trustly and MoneyGram International have partnered to enable millions of MoneyGram users in Europe to make cardless international money transfers. With the service enabled by this...

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Report: Shift4 CEO Says Bids From Buyers Fall Short
Report: Shift4 CEO Says Bids From Buyers Fall Short
March 17, 2024  |  Acquisitions

Shift4 Payments’ CEO is reportedly unhappy with the offers from potential buyers for his firm. Chief Executive Jared Isaacman said those bids failed to “sufficiently value”...

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The Ten Second Rule: EU Mandates Instant Payments Availability
The Ten Second Rule: EU Mandates Instant Payments Availability
March 01, 2024  |  Real-Time Payments

Real-time payment systems continue to see strong usage worldwide. One of the most significant developments is the European Council’s new rule to enable instant payments...

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Payoneer Merchant Services Grows 400% as Small Businesses Sell Globally
Payoneer Merchant Services Grows 400% as Small Businesses Sell Globally
February 28, 2024  |  Earnings

Demand for B2B and merchant services drove Payoneer’s volume growth in 2023. The small- to medium-sized business (SMB)-focused FinTech company’s B2B volume rose 13% and its...

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Coinsilium to Advise LC Lite on Launch of Token
Coinsilium to Advise LC Lite on Launch of Token
February 23, 2024  |  Partnerships

Web3 advisor, venture builder and investor Coinsilium Group teamed up with global trade exchange platform LC Lite. The partnership will see Coinsilium providing strategic advisory...

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Numeral Expands Payment Infrastructure to Include Support for Swift
Numeral Expands Payment Infrastructure to Include Support for Swift
February 22, 2024  |  Cross-border Payments

Payment technology provider Numeral has launched support for Swift payments. This move enables Numeral’s customers to benefit from both Swift’s global reach and local payment schemes’ speed, lower cost...

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Western Union Expands Cross-Border Payments Partnership With Mercado Pago
Western Union Expands Cross-Border Payments Partnership With Mercado Pago
February 21, 2024  |  Partnerships

Western Union and Mercado Pago are extending their relationship and widening a cross-border payments channel between the United States, Canada and Mexico. U.S. and Canadian...

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Wix, Global-e Launch Cross-Border eCommerce Partnership
Wix, Global-e Launch Cross-Border eCommerce Partnership
February 20, 2024  |  Partnerships

Software company Wix announced a partnership with Global-e Online, which enables direct-to-consumer cross-border eCommerce, to offer Wix sellers a cross-border selling solution. The partnership builds...

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