Cross-border Payments

Cross-border Payments
Surging Cross-Border Payment Volumes Reflect Rise of Multinational D2C Sellers
August 16, 2022

The continued eCommerce shift has merchants — especially larger ones — pivoting to sell their products directly to consumers (D2C). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Cross-border Payments
Digital Beats Legacy in Sending Remittances to Remote, Rural Recipients
August 16, 2022

An essential part of migrant workers’ lives is sending money abroad to recipients who often depend on funds for critical expenses such as housing, food and healthcare. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Europe
EMEA Daily: Digital Bookkeeping Startup Pastel Raises $5.5M for Small Business Services in Nigeria
August 15, 2022

In today’s top stories from Europe, the Middle East and Africa, the growing Nigerian digital bookkeeping company Pastel raised over $5 million to expand its business bookkeeping management services. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

MENA
UAE Processes $3B in Transactions in 2021, Plans to Roll Out Instant Payment Platform in...
August 14, 2022

The Central Bank of the United Arab Emirates (CBUAE) released its 2021 Financial Stability Report this month detailing measures put in place to mitigate the pandemic’s impact on the country’s economy. And despite the bleak macroeconomic landscape and rising inflation, the CBUAE projects a “positive...

Cross-border Payments
EMEA Daily: Nigeria Begins Regulating Mobile Devices via 5% Tax
August 12, 2022

In today’s top stories from Europe, the Middle East and Africa (EMEA), the Nigeria announced the implementation of a 5% tax on mobile devices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Cross-border Payments
Klasha Adds Former PayPal Executive to Help Transform African Commerce
August 12, 2022

Klasha has appointed former PayPal executive Ayman Jawhar CPO, saying his experience will help the company scale its B2B and B2C products for cross-border African commerce. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Cross-border Payments
Advisers Urge India’s Paytm Shareholders to Remove CEO
August 12, 2022

India-based digital payments provider Paytm saw its shares drop to their lowest level in two weeks when a proxy advisory firm urged shareholders to oust the company’s CEO. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Europe
EMEA Daily: Barclaycard Payments Joins BT to Offer Benefits to UK Microbusinesses; Virtual Surgery Firm...
August 11, 2022

In today’s news from Europe, the Middle East and Africa (EMEA), Barclaycard Payments has joined the BT partnership network to help grow U.K. small businesses, and London’s FundamentalVR, which lets surgeons experience simulated procedures, has raised $20 million in venture capital. Get the Full Story...

Europe
EMEA Daily: LianLian Brings Financing Options to UK eCommerce; QED Invests in African Banking Platform
August 10, 2022

In today’s news from Europe, the Middle East and Africa (EMEA), cross-border payments company LianLian expands its services to merchants in the U.K., and FinTech-focused venture capital firm QED Investors makes its African debut, leading a funding round for Nigeria’s TeamApt. Get the Full Story...