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.

eInvoicing Needs a ‘Translation Layer’ as Business Payments Go Global

eInvoicing Needs a ‘Translation Layer’ as Business Payments Go Global
eInvoicing Needs a ‘Translation Layer’ as Business Payments Go Global
October 18, 2022  |  Global Payments

After a couple of decades, you’d think that electronic invoicing would be pretty much perfected — a done deal, with standardized formats across companies and...

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Embedded Payments Find New Niche in Cross-Border Money Movement
Embedded Payments Find New Niche in Cross-Border Money Movement
October 11, 2022  |  Cross-border Payments

In the age of eCommerce, as platforms and enterprises expand their reach across borders, embedding payments into the mix can help tap new markets and...

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FSB Says Stablecoins Might Speed, Cheapen X-Border Payments
FSB Says Stablecoins Might Speed, Cheapen X-Border Payments
October 10, 2022  |  Cryptocurrency

The Financial Stability Board (FSB) is looking at stablecoins as one way of achieving its goal of cutting the cost and time required to make...

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Has SWIFT Beaten Crypto to Punch on Cross-Border Payments Interoperability?
Has SWIFT Beaten Crypto to Punch on Cross-Border Payments Interoperability?
October 05, 2022  |  Cross-border Payments

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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Roxe, Motoverse Partner on X-Border Remittance Payments
Roxe, Motoverse Partner on X-Border Remittance Payments
October 04, 2022  |  B2B Payments

Blockchain payments and digital commerce company Roxe has partnered with global remittance company Motoverse to ease cross-border remittance payments for clients in Mexico, Brazil, Vietnam...

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48% of Companies Looking for Enhanced Cross-Border Payment Solutions
48% of Companies Looking for Enhanced Cross-Border Payment Solutions
October 04, 2022  |  Cross-border Payments

At a time when an increasingly large number of businesses are getting involved in international trade, including smaller ones, it is unsurprising that the need...

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Virgin Atlantic To Team With PCI Pal On Airline Omnichannel Payments
Virgin Atlantic To Team With PCI Pal On Airline Omnichannel Payments
September 28, 2022  |  Digital Payments

Virgin Atlantic will make use of secure payment solution PCI Pal Digital to support its omnichannel strategy, a press release said. Get the Full Story...

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Could an Internationalized Digital Euro Threaten the Dollar?
Could an Internationalized Digital Euro Threaten the Dollar?
September 28, 2022  |  CBDC

A digital euro isn’t going to replace the United States dollar as the world’s reserve currency and leading international payments currency anytime soon. But it...

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37% of FIs Still Struggling to Solve SMBs’ Cross-Border Payment Woes
37% of FIs Still Struggling to Solve SMBs’ Cross-Border Payment Woes
September 22, 2022  |  B2B Payments

Financial institutions (FIs) are struggling to give small- to medium-sized businesses (SMBs) the same level of service they offer to larger companies.  Get the Full...

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