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 gives a firsthand account of the importance of offering localized payment options that go beyond credit cards when serving customers...
Consumers’ interest in making cross-border eCommerce purchases continues to grow, with the value of global cross-border retail payments predicted to increase from $1.95 trillion in 2016 to $3.56 trillion in 2022. Yet, consumers have not always expressed satisfaction with these experiences. eTailers looking to succeed...
The amount of money crisscrossing the globe each year is staggering, with $156 trillion expected to cross international borders annually by 2022. These payments include everything from multibillion-dollar corporate acquisitions to small value remittances sent by migrant workers, but one of the most quickly growing market segments...
Consumers clearly want to use digital wallets when they shop with merchants abroad, but that can be easier said than done. In the Cross-Border Retail Payments Tracker, eBay’s Avritti Khandurie Mittal gives PYMNTS an inside look into the company's centralized payments platform that gives buyers...
January 17, 2022
Consumers’ interest in making cross-border eCommerce purchases continues to grow, with the value of global cross-border retail payments predicted to increase from $1.95 trillion in 2016 to $3.56 trillion in 2022. Yet, consumers have not always expressed satisfaction with these experiences. eTailers looking to succeed outside their home markets must localize their customers’ buying journeys, […]
January 03, 2022
Cross-border payments have expanded significantly from businesses to individual consumers in recent years, with payment card giant Visa reporting that cross-border payment volumes on its service grew by 38% in...
December 16, 2021
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 and eCommerce transactions. As a...
November 04, 2021
Growing consumer interest in digital payment options at in-store and online retailers was rising even before the pandemic boosted acceptance. Recent research forecast that global digital payment services, particularly cashless...
