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.

EasyTransfer, Tencent Offer Chinese Students Platform for Overseas Tuition Payment
EasyTransfer, Tencent Offer Chinese Students Platform for Overseas Tuition Payment
November 02, 2021  |  Cross-border Payments

China’s more than 700,000 students studying abroad each year can make overseas tuition payments within three minutes as part of a collaborative effort between EasyTransfer and Tencent...

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VertoFX Teams With ClearBank for Enhanced SMB Cross-Border Payments
VertoFX Teams With ClearBank for Enhanced SMB Cross-Border Payments
November 02, 2021  |  B2B Payments

Business-to-business payments firm VertoFX is partnering with cloud-based clearing company ClearBank to bring comprehensive solutions for cross-border payments to underserved businesses in Europe. Despite representing...

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Small Business Gets Lessons in FX as They Eye Sales Cross Border
Small Business Gets Lessons in FX as They Eye Sales Cross Border
November 02, 2021  |  Cross-border Payments

As a growing number of businesses around the world aim to find — and sell to — customers internationally, foreign exchange (FX) is becoming an...

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Deep Dive: How POPs Can Help Boost Efficiency for Large Cross-Border Businesses
Deep Dive: How POPs Can Help Boost Efficiency for Large Cross-Border Businesses
October 28, 2021  |  Cross Border Commerce

The digital economy enables businesses to reach customers across national borders more easily than ever before. One study found that two-thirds of eCommerce firms sell...

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Experts Say Supply Chain Challenges Spur New Digital Payments Innovations
Experts Say Supply Chain Challenges Spur New Digital Payments Innovations
October 28, 2021  |  B2B Payments

First the bad news: It will take years for supply chains to return to normal. But the good news: A panel of experts in transportation,...

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viagogo on Streamlining Payments for a Global Online Platform
viagogo on Streamlining Payments for a Global Online Platform
October 27, 2021  |  Cross-border Payments

Consumers get frustrated when buying tickets online if they lack access to their native languages, currencies and preferred payment methods. In the Payment Orchestration For...

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Request CEO Says New Tech Makes Cross-Border B2B Crypto Payments Faster
Request CEO Says New Tech Makes Cross-Border B2B Crypto Payments Faster
October 27, 2021  |  B2B Payments

“How come I didn’t know about this before?” That’s the most common response Request Network CEO Christophe Lassuyt said he hears these days from the...

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Flutterwave Enables X-Border Payments From Europe to Africa 
Flutterwave Enables X-Border Payments From Europe to Africa 
October 26, 2021  |  International

Global payments technology startup Flutterwave, in conjunction with nonprofit Stellar Development Foundation, has introduced two new remittance passageways between Europe and Africa on the Stellar...

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Online Ticketing Pain Points Highlight Need For Localized Payments, Consumer Experience
Online Ticketing Pain Points Highlight Need For Localized Payments, Consumer Experience
October 26, 2021  |  Cross-border Payments

Managing cross-border payments represents a key challenge for businesses that operate and have customers in multiple countries. Regulatory and tax issues are more complex, and...

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