MONTHLY TRACKER – May 2017 EDITION
The PYMNTS X-Border Payments Optimization Tracker™ is the framework for evaluating players in the cross-border payments landscape, and the quarterly index tests the readiness of the companies to serve a global audience.
INSIDE THE MAY TRACKER
Profiles of more than 150 influential cross-border players.
An interview with Mike Laven, CEO of CurrencyCloud, about how the company is taking friction out of B2B cross-border payments.
The latest developments throughout the world of cross-border payments, including trends that are shaping cross-border travel payments.
QUARTERLY INDEX – Q1 2017 EDITION
This quarter, the PYMNTS X-Border Optimization Index™ tracks the journey of 189 merchants who are vying for their share of the global eCommerce windfall.
The index takes the pulse on how merchants are improving on attributes conducive to international eCommerce in countries that include Canada, China, France, Germany, Italy, Japan, Mexico, Spain and the United States. The verdict: The U.S. is still ahead of the rest, but not by much.
Key Findings Include:
While Canadian merchants saw a steep decline in their score, they came out on top for offering free shipping. A whopping 78 percent of Canadian merchants offered free shopping, compared to 68 percent of merchants in the U.S.
The U.S. emerged on top for the number of global payments brands offered. On average, U.S. merchants accepted 4.58 global payment brands. Right behind were Japanese merchants who accepted an average of 4.11 payment methods.
When it comes to providing an optimal shopping experience, travel companies know how to do it the best. Travel merchants received an Index score of 64.4 for providing the most globally friendly shopping experience.