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.

Visa Links With Global Payments, Desjardins On Installments Service In Canada
Visa Links With Global Payments, Desjardins On Installments Service In Canada
July 13, 2021  |  Payment Methods

Visa is rolling out its “installments” option to more merchants and credit cardholders in Canada. As part of this move, Visa is partnering with Global...

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Localized Payments Woo Cross-Border Luxury Shoppers
Localized Payments Woo Cross-Border Luxury Shoppers
July 07, 2021  |  Consumer Payments

Cross-border payments account for a massive amount of the cash flow crisscrossing the globe, with these transactions expected to total $39 trillion by 2022. These...

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QR Codes To Boost Cross-Border Commerce As The World Reopens For Business
QR Codes To Boost Cross-Border Commerce As The World Reopens For Business
July 01, 2021  |  Cross-border Payments

For a lot of firms, the pandemic was an excuse to hit the pause button on building out their cross-border payment ambitions. It didn’t stop...

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Deep Dive: The Impact Of Interchange Fees And How Global Firms Can Optimize Cross-Border Payments
Deep Dive: The Impact Of Interchange Fees And How Global Firms Can Optimize Cross-Border Payments
June 28, 2021  |  B2B Payments

Plans for card network giants Visa and Mastercard to raise interchange fees in April were met with resistance among merchants and politicians, as many businesses...

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Connected Economy Requires Global Scale Of Local Payments
Connected Economy Requires Global Scale Of Local Payments
June 25, 2021  |  Commerce Connected

Going public is often considered the finish line of a long journey for many companies, but Payoneer Vice President of Marketing Jonny Steel told PYMNTS...

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NuOrder: Automation, Standardization Can Reduce Cross Border eCommerce Payments Fees
NuOrder: Automation, Standardization Can Reduce Cross Border eCommerce Payments Fees
June 24, 2021  |  Active Tracker

Interchange fees, assessed by credit card companies on merchants for credit and debit card transactions, have taken center stage. Companies are assessed these costs by...

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New Tech Greases Old Payment Rails To Allow Fast, Cheap Int’l Banking
New Tech Greases Old Payment Rails To Allow Fast, Cheap Int’l Banking
June 24, 2021  |  Digital-First Banking

If the pandemic has taught us anything, it’s that economies, firms and individuals are inextricably linked with their money. Chinese consumers can order luxury goods...

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Clarifying The Financial Picture Of Multinational Corporations
Clarifying The Financial Picture Of Multinational Corporations
June 18, 2021  |  B2B Payments

Significant attention has been paid by the corporate FinTech arena to tackling frictions in B2B payments, including when those transactions occur across borders. But many...

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Goldman Sachs Teams With Visa To Streamline Cross Border Payments For Clients
Goldman Sachs Teams With Visa To Streamline Cross Border Payments For Clients
June 07, 2021  |  Cross-border Payments

Whether it is a multinational making payments to strategic suppliers or a business making payments to gig workers, the globalization of trade, and the massive...

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