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.

Platforms Speed Banks Global Real-Time Payments Plans
Platforms Speed Banks Global Real-Time Payments Plans
June 06, 2023  |  Payments As A Service

As the world becomes increasingly digital, financial institutions and enterprises are facing a new challenge: onboarding and connecting to a proliferating number of real-time payments...

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Worldline and VTEX Partner on Global eCommerce and Payments
Worldline and VTEX Partner on Global eCommerce and Payments
June 02, 2023  |  Partnerships

Worldline and VTEX have partnered to provide global eCommerce and payments services for multinational merchants. With this collaboration, Worldline’s payment processing capacity will be available to merchants using VTEX’s...

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Advanced Automation Helps Enterprises Manage Spend on a Global Scale
Advanced Automation Helps Enterprises Manage Spend on a Global Scale
May 31, 2023  |  Spend Management

Companies navigating the shifting landscape of global commerce see the promise of new markets, of bringing their products and services to new geographies. As they...

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Dublin-Headquartered NomuPay Raises $53.6 Million to Expand X-Border Payment Platform
Dublin-Headquartered NomuPay Raises $53.6 Million to Expand X-Border Payment Platform
May 31, 2023  |  Investments

Dublin-headquartered NomuPay has raised $53.6 million to expand its cross-border payment platform. NomuPay’s Unified Payments Platform is built for regions seeing high growth in cross-border and eCommerce and currently...

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India’s XFlow Raises $10.2 Million to Expand Cross-Border Payments Solution
India’s XFlow Raises $10.2 Million to Expand Cross-Border Payments Solution
May 26, 2023  |  Investments

XFlow has raised $10.2 million in a pre-Series A round to expand its cross-border payments solutions. The India-based financial services and infrastructure firm will use the...

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ACI Worldwide Launches New Solution for Low-Value Cross-Border Payments
ACI Worldwide Launches New Solution for Low-Value Cross-Border Payments
May 22, 2023  |  Cross-border Payments

ACI Worldwide has launched a new solution for sending low-value cross-border, real-time payments. The provider of real-time payments software has added Swift Go to its cross-border payments offering,...

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PayPal Weighs Sale of Cross-Border Business Xoom
PayPal Weighs Sale of Cross-Border Business Xoom
May 17, 2023  |  Cross-border Payments

PayPal is reportedly mulling a sale for its cross-border payment unit Xoom. The digital payments company has been working “on the sales process in recent months,” and...

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Visa Selects Startups for Accelerator Program in Asia Pacific
Visa Selects Startups for Accelerator Program in Asia Pacific
May 16, 2023  |  Startups

Visa has selected seven startups for its 2023 Visa Accelerator Program in Asia Pacific. Selected from among 450 applicants, the seven startups are Dowsure (Mainland China), Doxa Holdings (Singapore), Kadmos (Germany), Pi-xcels (Singapore), Playbux (Thailand), Transpure (India) and Twid (India), Visa said in a...

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Cross-Border Sellers Want Tools – and Insights – to Avoid FX and Localization Pitfalls
Cross-Border Sellers Want Tools – and Insights – to Avoid FX and Localization Pitfalls
May 16, 2023  |  Global Payments

Selecting countries ripe for cross-border expansion requires thoughtful analysis of the payments landscape within different geographies to enable successful market penetration with minimal cost and...

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