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.
Russia To Bring National Payment System To UK
Russia To Bring National Payment System To UK
November 27, 2019  |  International

Russia is partnering with PayXpert to test its national payment system MIR in London, RT.com reported on Wednesday (Nov. 27). The U.K. will be the...

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The Not-So-Beaten Path To B2B Payments Real-Time Ubiquity
The Not-So-Beaten Path To B2B Payments Real-Time Ubiquity
November 27, 2019  |  Faster Payments

Faster and real-time payments still have a long journey ahead toward ubiquity, particularly in the realm of corporate cross-border payments. Interoperability between various markets’ networks,...

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How Cross-Border Payments Help Insurance Mature Digitally
How Cross-Border Payments Help Insurance Mature Digitally
November 21, 2019  |  Digital Payments

In a way, the earliest days of eCommerce and increasingly digital payments were about how all the new technology would transform legacy industries. Now, that...

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Mesh Eyes Virtual Cards For Global B2B Payments
Mesh Eyes Virtual Cards For Global B2B Payments
November 15, 2019  |  B2B Payments

Though credit cards were not originally designed to address the needs of corporate payers, advances in commercial card technology have positioned the payment tool as...

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Adyen Adds Card Issuing By Merchant Demand
Adyen Adds Card Issuing By Merchant Demand
November 15, 2019  |  Payment Methods

Dutch global payments platform Adyen announced it is launching card-issuing services to its customers. Adyen Issuing will enable clients to provide customers with virtual and/or...

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For Marketplace Platform Payments Experiences, Is It Back To Basics?
For Marketplace Platform Payments Experiences, Is It Back To Basics?
November 14, 2019  |  Payment Methods

It’s easy to get caught up in the hype of new sharing economy platforms. “The Uber of furniture,” P2P closet-sharing and crowdshipping all certainly sound...

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Wirex Launches Multicurrency Visa Travelcard For APAC Customers
Wirex Launches Multicurrency Visa Travelcard For APAC Customers
November 11, 2019  |  Global Payments

Digital borderless payment platform Wirex, which allows users to pay with both fiat currency and cryptocurrency, has teamed up with Visa to offer the Wirex...

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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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