Cross-border Payments

Cross-border Payments
Plunging Lira Prevents Turks from Buying iPhones, Electronics
November 24, 2021

Apple iPhones and other electronics are out of reach for people in Turkey after the lira continues dropping, losing 40% in value since the start of 2021, 20% since the beginning of last week, and a historic 15% in a single day, according to multiple...

Cross-border Payments
Singapore’s Coda Payments Pushing for $4B Valuation 
November 24, 2021

Singapore’s Coda Payments Pte is seeking a valuation of at least $4 billion as it explores a sale or initial public offering (IPO), according to a Tuesday (Nov. 23) Bloomberg report.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
Brazilian Bundle Me on How Alternative Payment Options Are Driving Cross-Border Sales
November 24, 2021

Beauty shoppers around the world want what they want and pay for it with what they have in their digital wallets. In the Cross-Border Retail Payments Tracker, Na’Imah Muhammad, owner of wig and hair extension retailer Brazilian Bundle Me, explains how offering alternative payment methods...

Cross-border Payments
EMEA Daily: Delivery Startup Getir to Buy UK Rival Weezy; Circle Invests $10.5M in UK’s...
November 23, 2021

In today’s top Europe, Middle East and Africa news, Turkish delivery startup Getir is set to buy U.K. rival Weezy, and Circle uses USDC to invest $10.5M in U.K.-based Crowdcube. Plus, the Italian Antitrust Authority fines Amazon and Apple over $225 million, Klarna introduces Pay...

Cross-border Payments
India Again Announces Plan to Ban Cryptocurrencies as Digital Rupee Moves Ahead
November 23, 2021

After months of discussions and rumors that it was taking a less hostile stance on cryptocurrencies, the government of Prime Minister Narendra Modi re-introduced legislation Tuesday (Nov. 23) that would impose an outright ban on digital currencies. Get the Full Story Complete the form to...

Cross-border Payments
Beauty Product Brands See Consumer Payment Choice as Driver of Global Sales
November 23, 2021

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and...

Cross-border Payments
Dublin Startup Fonoa Raises $25M for Tax Automation
November 22, 2021

Dublin-based tax automation startup Fonoa has raised $25 million in a funding round, which the company plans to use to expand businesses’ tax compliance, according to a company blog post Monday (Nov. 22). Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
EMEA Daily: Ericsson Acquires Vonage in $6.2B Stock Deal; UK Leads EU in Driving Global...
November 22, 2021

In today’s top Europe, Middle East and Africa news, Ericsson acquires Vonage in $6.2bn stock deal, and the U.K. leads the EU in driving global growth in the HealthTech sector. Plus, why Dutch firm Booking.com has made payments a strategic priority, Polish consumers embrace open...

Cross-border Payments
UN Calls for Support Before Afghani Banks Collapse
November 22, 2021

The United Nations wants to help prop up the banks of Afghanistan as there has been an increase in people who can’t pay back their loans, along with lower deposits and a cash liquidity crunch, a Monday (Nov. 22) Reuters report says. Get the Full...