Local Payments

PYMNTS Intelligence: Challenges and Opportunities For eCommerce in Latin America
PYMNTS Intelligence: Challenges and Opportunities For eCommerce in Latin America
December 01, 2022  |  Cross Border Commerce

Latin America is a burgeoning market for eCommerce, with a recent report pegging its value at $382 billion, representing a 35% growth from 2021. Some experts are...

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Western Merchants Deeply Lacking Knowledge About APAC Payments
Western Merchants Deeply Lacking Knowledge About APAC Payments
December 01, 2022  |  Cross Border Commerce

Local FinTech wallets are a key part of the Asia-Pacific (APAC) eCommerce ecosystem. Whether Alipay in China, Paytm in India, Kakao Pay in South Korea...

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How eCommerce Can Unlock the Latin American Retail Scene
How eCommerce Can Unlock the Latin American Retail Scene
November 30, 2022  |  Cross Border Commerce

PYMNTS talks with Karen Bruck, vice president of commerce and strategic initiatives at Mercado Libre, about the unique opportunities and challenges in Latin American eCommerce. — Latin America’s eCommerce...

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70% of Western Global Merchants See Payments Localization Cutting APAC Cart Abandonment in Half
70% of Western Global Merchants See Payments Localization Cutting APAC Cart Abandonment in Half
August 31, 2022  |  Cross Border Commerce

The Asia Pacific (APAC) region is key to the international growth strategies of countless eCommerce merchants across the United States, the United Kingdom and Canada....

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South Korea Is an eCommerce Eden for Those Fluent in Local Payments
South Korea Is an eCommerce Eden for Those Fluent in Local Payments
July 21, 2022  |  eCommerce

Among the most mobile-centric nations on earth, South Korea is a ripe opportunity for eCommerce merchants provided they learn the terrain — namely, payments localization....

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Deep Dive: How Digital Payment Options Impact Cross-Border Customer Satisfaction
Deep Dive: How Digital Payment Options Impact Cross-Border Customer Satisfaction
January 19, 2022  |  Cross-border Payments

eCommerce growth is expected to continue as the pandemic persists, and merchants are working to support the increasing volume of cross-border transactions. One survey found that 32% of consumers from...

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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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Global Merchants Use Payments to Make Online Shoppers Feel at Home
Global Merchants Use Payments to Make Online Shoppers Feel at Home
December 16, 2021  |  Cross-border Payments

The cross-border payments space underwent a digital shift during the pandemic. Consumers turned to online channels out of necessity, sparking a surge in digital profiles...

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How Subscriptions Complicate Cross-Border B2B Payments
How Subscriptions Complicate Cross-Border B2B Payments
November 07, 2019  |  B2B Payments

Companies like Netflix and Spotify have burst the doors open to the subscription economy beyond magazines and newspapers. As these recurring services go online, demand...

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