The U.K. is losing as much $1.28 billion each year in value-added tax (VAT) due to fraud or errors from sellers who use the marketplaces of eBay and Amazon, reported Reuters. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
In recent months, China has been in the headlines as the Trump administration has taken shape, on all matters of issues, from trade to currency dynamics to climate change and the ongoing situation with North Korea. Get the Full Story Complete the form to unlock...
Indian digital payments firm Paytm is reportedly in talks with Japan’s SoftBank in the hopes of securing $1.2 to $1.5 billion in cash. If the deal goes through, SoftBank would be one of the Paytm’s biggest shareholders. Get the Full Story Complete the form to...
Tencent, the Chinese tech giant, has passed Wells Fargo to become the world’s tenth most valuable public company. 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...
Facebook-owned instant messaging service WhatsApp may be making a digital payments play in its largest global market — India. This would be the firm’s first such move anywhere on Earth. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Donald Trump’s immigration policies may or may not be good for America. But, the world’s biggest travel companies claimed, they are definitely bad for tourism. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
From offering free shipping to fewer clicks, merchants from around the world are racing to woo global shoppers, now over 1 billion strong. So, who’s doing it best? For two years running, PYMNTS' X-Border Payments Optimization Index™ has tracked over 800 data points, ranking the...
Global shoppers know no bounds. And when it comes to wooing them, particularly when it comes to American and Chinese merchants, it’s game on. The Q1 X-Border Payments Optimization Index™ reveals that U.S. merchants narrowly beat out Chinese merchants for No. 1 ranking, with a score of...
American companies looking to break into India’s burgeoning digital marketplace are time and time again running up against stiff competition from local startups and their major financial backer, China. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...