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.

30% of US Firms Say Payments Delays Are Major Cross-Border Frictions

30% of US Firms Say Payments Delays Are Major Cross-Border Frictions
30% of US Firms Say Payments Delays Are Major Cross-Border Frictions
February 02, 2022  |  B2B Payments

Among U.S. businesses that engage in cross-border trade, the most common pain point is the long period of completion. Get the Full Story Complete the...

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Social Media Creators, Global-Minded SMBs Boost Demand for Instant, Cross-Border Payments
Social Media Creators, Global-Minded SMBs Boost Demand for Instant, Cross-Border Payments
February 02, 2022  |  Cross-border Payments

Despite widespread debate over workers’ rights, the global gig economy is booming. Get the Full Story Complete the form to unlock this article and enjoy...

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Banks Help Corporates Overcome Their Blockchain Regulatory Concerns
Banks Help Corporates Overcome Their Blockchain Regulatory Concerns
February 01, 2022  |  Cryptocurrency

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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Rapyd Acquires Neat to Advance Cross-Border Trade
Rapyd Acquires Neat to Advance Cross-Border Trade
January 31, 2022  |  Acquisitions

Global FinTech-as-a-service company Rapyd finalized its acquisition deal for cross-border trade enabling platform Neat, which specializes in assisting small- to medium-sized businesses (SMBs) and startups,...

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Today in the Connected Economy: Google Invests $1B in Airtel
Today in the Connected Economy: Google Invests $1B in Airtel
January 28, 2022  |  Connected Economy

Today in the connected economy, Google makes a $1 billion investment in India’s Bharti Airtel, while Brooks Brothers and Citi extend their consumer credit alliance....

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Mastercard: Contactless Payments Now 50% of Global in-Person Transactions
Mastercard: Contactless Payments Now 50% of Global in-Person Transactions
January 27, 2022  |  Earnings

Mastercard’s latest earnings results show double-digit gains in debit and credit spending, a rebound in cross-border activity — and contactless payments, increasingly, becoming the preferred...

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From Startups to Institutions: Solving X-Border Challenges in Africa to Facilitate Remittance Flows
From Startups to Institutions: Solving X-Border Challenges in Africa to Facilitate Remittance Flows
January 27, 2022  |  Global Payments

For most consumers sending money abroad, peer-to-peer (P2P) payments are slow and costly. Get the Full Story Complete the form to unlock this article and...

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Payments Firm PingPong Considers $1B IPO
Payments Firm PingPong Considers $1B IPO
January 27, 2022  |  IPO

PingPong, a Chinese startup that helps eCommerce merchants make cross-border payments, is considering an initial public offering (IPO) to raise up to $1 billion. Get...

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Binance Ending Halt on SEPA Payments
Binance Ending Halt on SEPA Payments
January 26, 2022  |  Cross-border Payments

Cryptocurrency exchange Binance is preparing to once again accept deposits from the Single Euro Payments Area (SEPA), ending a months-long freeze. Get the Full Story...

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