The international eCommerce ecosystem has seen unprecedented growth since the pandemic began in March 2020, yielding many opportunities for digital-first businesses to expand internationally — and many are taking active measures to seize the moment. Merchants, digital platforms, aggregators and other firms that conduct their...
Today in payments around the world, Hong Kong’s Faster Payment System (FPS) averages $667.9M in daily transaction volume, and buy now, pay later (BNPL) firm Klarna launches an all-in-one shopping app. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Tradeshift, a California-based provider of e-invoicing and automated accounts payable (AP) and invoicing systems, has expanded its cross-border e-invoicing platform to enable companies with a base in China to send and receive electronic purchase orders and invoices with cross-border trade partners, according to a Wednesday...
In today’s top Europe, the Middle East and Africa (EMEA) news, Israel’s Fiverr pays $95 million for Stoke, and Swiss firm Aktiia raises $17.5 million in a Series A round. Plus, Swedish buy now, pay later (BNPL) giant Klarna acquires U.K.-based price comparison service PriceRunner,...
China’s more than 700,000 students studying abroad each year can make overseas tuition payments within three minutes as part of a collaborative effort between EasyTransfer and Tencent Financial Technology, according to a Tuesday (Nov. 2) press release. Get the Full Story Complete the form to unlock this...
As a growing number of businesses around the world aim to find — and sell to — customers internationally, foreign exchange (FX) is becoming an increasingly important and common topic of conversation. Get the Full Story Complete the form to unlock this article and enjoy...
Fortress Night, the Chinese adaptation of Epic Games’ Fortnite, will close later in November, without any reason given so far by the company, BBC reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The use of cryptocurrency as legal currency has been in force in El Salvador since Sept. 7, and in that period, user complaints continue to pile up. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Cross-border payment hub Tranglo is bringing its services to Mongolia, with an eye on improving payments there, crowdfundraiser.com reported. 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...
