Cross-border Payments

Cross-border Payments
Global Merchants Aim to Neutralize APAC’s ‘Silent Killer’ With Localized Payments
August 31, 2022

In a world where commerce is increasingly global but where markets and consumer preferences are still dominated by national or regional norms, one of the most costly mistakes a multinational retailer can make is not offering local payment options to their customers around the world....

Europe
EMEA Daily: Thunes, Alipay+ Partner on Mobile Wallet Acceptance in Europe; Santander Taps Trovata for...
August 31, 2022

In today’s news from Europe, the Middle East and Africa (EMEA), Thunes has partnered with Alipay+ to increase eWallet acceptance in Europe and Santander has selected Trovata for its cash management platform. Get the Full Story Complete the form to unlock this article and enjoy...

Cross-border Payments
70% of Western Global Merchants See Payments Localization Cutting APAC Cart Abandonment in Half
August 31, 2022

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
Data brief: Managing Taxes Is Biggest Headache of Nearly 50% of Firms Hiring Internationally
August 30, 2022

In 2021, United Kingdom businesses turned to hiring internationally to expand into new markets and tap into the worldwide talent pool. But firms soon realized that hiring and managing an international workforce was a complex undertaking that involved juggling a myriad of challenges. Get the...

Europe
EMEA Daily: Wise Fined $360K for AML Violations by Abu Dhabi Regulator; PalmPay Hits 10M...
August 30, 2022

Today in Europe, the Middle East and Africa, Wise has been slapped with a $360,000 fine by Abu Dhabi’s anti-money laundering regulator and PalmPay hits an important milestone,  surpassing 10 million users. Get the Full Story Complete the form to unlock this article and enjoy...

Cross-border Payments
5 MENA FinTech Accelerators to Know About
August 30, 2022

FinTech, more than many other sector, is especially receptive to the input of startup accelerator programs. 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...

Cross-border Payments
Indonesia, Singapore Team on XBorder QR Code Payments
August 29, 2022

Bank Indonesia and the Monetary Authority of Singapore (MAS) have begun working on a cross-border QR payment method between Indonesia and Singapore, a press release said, part of the ASEAN-wide payments connectivity effort. Get the Full Story Complete the form to unlock this article and...

Cross-border Payments
Nigerian FinTech Grey Nets $2M for Cross-Border Payments
August 29, 2022

Nigeria-based FinTech Grey has raised $2 million in seed funding, toward its goal of simplifying the sending and receiving of foreign payments for Africans, a press release said.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Cross-border Payments
Local Payments, Platforms Key to Keeping Asian Consumers Spending on Luxury Brands
August 29, 2022

The rise of eCommerce — and specifically, preferred payment methods — is a lifeline for luxury brands, for the marquee names that, in large part, depend on cross-border spending to keep top lines robust. Get the Full Story Complete the form to unlock this article...