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.

Report: Five Payment Services Providers on Serving Merchants’ Global Payment Needs

Report: Five Payment Services Providers on Serving Merchants’ Global Payment Needs
Report: Five Payment Services Providers on Serving Merchants’ Global Payment Needs
January 20, 2022  |  Connected Economy

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Shopify and JD.com Roll Out eCommerce Market for Merchants
Shopify and JD.com Roll Out eCommerce Market for Merchants
January 18, 2022  |  eCommerce

Shopify and JD.com on Tuesday (Jan. 18) announced that they have created a strategic partnership that they say will make it easier for U.S. merchants...

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GiftBasketsOverseas on the Challenges of Global Payment Acceptance for Localized Shopping Experiences
GiftBasketsOverseas on the Challenges of Global Payment Acceptance for Localized Shopping Experiences
January 18, 2022  |  Cross-border Payments

Many consumers still aren’t traveling internationally, but they’re still browsing global merchants for unique gifts. In the Cross-Border Retail Payments Tracker, GiftBasketsOverseas CEO Dmitriy Peregudov...

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Afreximbank’s Payment System Goes Live With 12 African Banks
Afreximbank’s Payment System Goes Live With 12 African Banks
January 14, 2022  |  Cross-border Payments

A new system went live with 12 banks in Africa to enable payment transactions and alleviate trade issues across the continent, which deals in more...

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Aussie FinTech Startup Airwallex Rolls Out Payments Services in Singapore
Aussie FinTech Startup Airwallex Rolls Out Payments Services in Singapore
January 13, 2022  |  Cross-border Payments

FinTech platform Airwallex is officially introducing payment services in Singapore after being granted a Major Payment Institution (MPI) license by the Monetary Authority of Singapore...

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MoneyGram Teams With Japanese FinTech Smiles on Cross Border Payments
MoneyGram Teams With Japanese FinTech Smiles on Cross Border Payments
January 11, 2022  |  Partnerships

MoneyGram, which works with digital peer-to-peer (P2P) payments, announced Tuesday (Jan. 11) that it will partner with Digital Wallet Corporation on wider-spread payments. Get the...

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The Art and the Science of Building Global Payments Partnerships
The Art and the Science of Building Global Payments Partnerships
January 11, 2022  |  Partnerships

Cross-border transactions continue to gain traction around the world, with a staggering $156 trillion expected to cross international borders annually by 2022, according to a...

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Consumers, SMBs, Gaining Comfort With Cross-Border Payments
Consumers, SMBs, Gaining Comfort With Cross-Border Payments
January 06, 2022  |  Cross-border Payments

In a time of incredible instability, cross-border payments have helped kept the global economy moving. As a result, the transaction value of global remittance and...

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