Cross-border Payments

Cross-border Payments
Framar on Meeting the Beauty Industry’s Cross-Border Payments Challenges
September 10, 2021

Keeping enough of the right shade of lipstick in stock is nothing compared to supporting the customer payments preferences when shopping cross-border. In The Cross-Border Retail Payments Tracker, beauty eTailer Framar’s Vice President of Sales and Product Development Giovanni Gallo says that accepting digital wallets...

Cross-border Payments
Indian FinTech Slice Drops Card Limit, to Add UPI Payments as Part of Expansion
September 09, 2021

Slice, an Indian fintech startup, has expanded its credit offering, modifying the credit limit to 2,000 rupees, or around $27, which is a massive decrease from the old amounts, a report from Moneycontrol says. Get the Full Story Complete the form to unlock this article...

Cross-border Payments
Digital Wallets Refresh Sales for Cross-Border Beauty eTailers
September 09, 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
Lack of Trust, Gov’t Support Are Main Barriers to Digital Advancement in Developing Markets
September 08, 2021

If anyone has the knowledge and experience to speak confidently about the ups and downs of Africa’s technology and payments ecosystem, it’s 30-year-old serial entrepreneur Iyin Aboyeji, better known as “E.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Cross-border Payments
Afterpay Informs Australian Senate Stablecoin Could Clip Merchant Fees
September 08, 2021

In response to a government inquiry, Australian buy now pay later (BNPL) firm Afterpay told the Australian Senate that the use of cryptocurrency could shave merchant fees associated with payments and urged the government to develop a framework for an AUD-backed stablecoin. Afterpay is scheduled...

Cross-border Payments
Today in Payments Around the World: FAT Brands Opens Ghost Kitchens in Middle East, Western...
September 07, 2021

Today in payments around the world, First Abu Dhabi Bank is selling its stake in payments division Magnanti and PayMyTuition partners with dLocal on international tuition payments. Plus, KYODIA and Western Union team up on cross-border B2B money transfers and FAT Brands is opening 70...

Cross-border Payments
First Abu Dhabi to Sell Stake in $1B Payments Unit
September 07, 2021

First Abu Dhabi Bank (FAB), a public joint stock company and the largest bank in the United Arab Emirates (UAE), is looking to sell a stake in its estimated $1 billion payments division Magnati, Bloomberg reported. Get the Full Story Complete the form to unlock...

Cross-border Payments
PayMyTuition, dLocal Team up for International Tuition Payments
September 07, 2021

Payment processing provider PayMyTuition on Tuesday (Sept. 7) announced a partnership with international cross-border payments platform dLocal. 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...

Cross-border Payments
Brazil Limits Pix Payments Amid Kidnapping Spree 
September 06, 2021

A rash of “lightning kidnappings” in Brazil has forced the country’s central bank to restrict use of the Pix payment platform.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...