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.

Global Payments Company Wise Plans US Expansion
Global Payments Company Wise Plans US Expansion
November 30, 2021  |  Cross-border Payments

London-based global money transfer firm Wise will hire more than 150 new staff in 2022 as it expands its U.S. operations in Austin, Texas, relocates...

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Top International eCommerce Merchants Support 24 Currencies for Cross-Border Transactions
Top International eCommerce Merchants Support 24 Currencies for Cross-Border Transactions
November 26, 2021  |  Cross Border Commerce

Payments localization is becoming more integral to cross-border eCommerce success as more merchants personalize checkouts for customers in different geographic locations. Supporting the right mix...

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Deep Dive: Why Local Payment Methods Will Be Key to Cross-Border eCommerce Growth
Deep Dive: Why Local Payment Methods Will Be Key to Cross-Border eCommerce Growth
November 25, 2021  |  Cross-border Payments

Sales via eCommerce channels skyrocketed during the pandemic, bringing cross-border payments on the rise with them. New data shows that even with travel and trade...

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Mastercard Acquires LATAM Real-Time Payments Platform
Mastercard Acquires LATAM Real-Time Payments Platform
November 24, 2021  |  Acquisitions

Mastercard Inc. on Wednesday (Nov. 24) announced its acquisition of Start Path program alum Arcus FI to assist with bill pay solution delivery and other...

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Brazilian Bundle Me on How Alternative Payment Options Are Driving Cross-Border Sales
Brazilian Bundle Me on How Alternative Payment Options Are Driving Cross-Border Sales
November 24, 2021  |  Cross-border Payments

Beauty shoppers around the world want what they want and pay for it with what they have in their digital wallets. In the Cross-Border Retail...

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Merchants Use Data, Payment Tech to Reduce Costs, Increase Online Global Sales
Merchants Use Data, Payment Tech to Reduce Costs, Increase Online Global Sales
November 24, 2021  |  eCommerce

There’s been an explosion of businesses interested in expanding their online sales outside of their domestic markets, and the pandemic has played an important role...

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Beauty Product Brands See Consumer Payment Choice as Driver of Global Sales
Beauty Product Brands See Consumer Payment Choice as Driver of Global Sales
November 23, 2021  |  Cross-border Payments

The pandemic continues to shift the mindsets of merchants and consumers alike, resulting in a proliferation of online marketplaces and a greater number of digital...

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Deep Dive: How Payment Providers Can Make the Most of the Latin American Cross-Border Payments Opportunities
Deep Dive: How Payment Providers Can Make the Most of the Latin American Cross-Border Payments...
November 22, 2021  |  Cross-border Payments

eCommerce has made important gains in Latin America during the pandemic, with one report projecting that eCommerce sales in this region will exceed $270 billion...

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Deep Dive: How eCommerce Marketplaces Can Tap Local Payment Methods to Create Lasting Customer Engagement
Deep Dive: How eCommerce Marketplaces Can Tap Local Payment Methods to Create Lasting Customer Engagement
November 19, 2021  |  Latin America

The global health crisis led to a dramatic rise in digital transactions across Latin America, turning the region into the second fastest-growing eCommerce market worldwide...

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