Mobile Commerce

Where Are All The Chinese Consumers? Not In China

The X-Border Payments Optimization Tracker™ is an organizing framework for evaluating the many players that provide merchant payment processing services geared for cross-border payments. 


  • China’s cross-border online retail trade grew 44 percent to $71.8 billion, including $51.2 billion from exports in 2014 (up 40 percent from the previous year), and companies are rushing to cash in on it.
  • Alibaba entered into an exclusive deal with Macy’s for an online flagship store on Tmall.
  • Amazon, on the other hand, is inviting Chinese companies to sell through its new initiative “Global Selling.”

Tracker Updates

We added five new companies to the tracker: AltaPay, Boku, Braspag, Cardstream and Earthport. Of these providers, Cardstream broke into Top 10 scoring companies across all categories.


This month we explore the effects China’s transitioning economy has on the spending habits of the consumer. Hint: More good news for merchants across the world.



Featured PYMNTS Study: 

With eyes on lowering costs to improving cash flow, 85 percent of U.S. firms plan to make real-time payments integral to their operations within three years. However, some firms still feel technical barriers stand in the way. In the January 2020 Making Real-Time Payments A Reality Study, PYMNTS surveyed more than 500 financial executives to examine what it will take to channel RTP interest into real-world adoption. Here’s what we learned.

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