Global Commerce Tracker news and trends

PYMNTS Intelligence: What Foreign Merchants Need to Know About Doing Business in Türkiye
eCommerce // April 25, 2023

Türkiye represents an enticing opportunity for foreign merchants, especially as eCommerce quickly gains popularity in the region. Never before has it been easier to gain an entirely new customer base from anywhere in the world, as the need for brick-and-mortar stores and warehouses in the country has been dramatically reduced...

Türkiye Is Open for Global eCommerce, but New Regulation May Be a Hurdle
eCommerce // April 24, 2023

The Turkish eCommerce market is currently the 18th largest globally, with experts projecting more than $22 billion in sales this year. Throughout the next four years, this growth is expected to continue at a compound annual growth rate (CAGR) of 14.5%, fueled by a continuing...

PYMNTS Intelligence: Payment Challenges and Opportunities in High-Growth Markets
Cross Border Commerce // March 01, 2023

Southeast Asia has become a tempting area of expansion for international corporates due to its high level of digital payments penetration, with a recent study indicating that nearly 90% of the population uses digital wallets or other forms of electronic payment. eCommerce is popular in the region, as the...

Merchant Cross-Border Expansion Starts With Localized Payments
Cross Border Commerce // February 28, 2023

The old adage, “When in Rome, do as the Romans do” is more relevant than ever when discussing retailer cross-border expansion. As inflation still looms large in 2023, businesses’ near-term survival is doubly threatened by rising interest rates drying up consumer credit. These macro headaches...

Interviews & Exclusives
Türkiye Is Open for Global eCommerce, but New Regulation May Be a Hurdle

April 24, 2023
The Turkish eCommerce market is currently the 18th largest globally, with experts projecting more than $22 billion in sales this year. Throughout the next four years, this growth is expected to continue at a compound annual growth rate (CAGR) of 14.5%, fueled by a continuing shift from in-store shopping to eCommerce since the pandemic’s onset. […]

Failure to Localize Payments Could Cost Online Merchants 60% of Sales in APAC

February 27, 2023
Businesses worldwide are facing significant headwinds in 2023, with inflation still a global concern and rising interest rates leading to fears of recession. Many companies hope to compensate for these...

Mercado Libre Says LatAm’s eCommerce Market Is Complex but Rewarding

November 29, 2022
Digital payments are growing fast in Latin America, threatening to overtake cash as the preferred transaction method. One study revealed that mobile bank accounts in Latin America increased by 67%...

An Insider’s View of S. Korea’s $92B eCommerce Market

August 19, 2022
  South Korea is a titan in the world economy, exploring the cutting edge of technology, finance, automotive and retail through household brands like Samsung, LG and Hyundai. Its eCommerce...