Search results for "cross-border payments"

June 05, 2013
Earthport CEO: We’re Focused On Emerging Markets, Not Competition

The annual amount of international remittance flow accounts for a significant percentage of several nations’ gross domestic products. Earthport, a cross-border payments service provider, has acknowledged the burgeoning importance of...


June 03, 2013
MasterCard Blocked From Renminbi Processing In China

On Sunday, The Financial Times reported that the Chinese government has moved to prevent MasterCard from processing transactions in renminbi, the nation’s official currency. The media outlet says that the...


May 30, 2013
On Liberty Reserve And Virtual Currencies

Welcome to PYMNTS.com’s VC Voices: a weekly column where we bring you commentary from the best of the best around the world of payments investment. Want to know what the...


May 29, 2013
Earthport Gets $10M From IFC To Expand In Emerging Markets

Earthport, a cross-border payments service provider, announced that the company has received a $10 million investment from World Bank Group member IFC, reports the company in a press release. Earthport...


May 23, 2013
WorldPay To Save Merchants 85 Percent On Cross-Border Transfers

Payment processor WorldPay has announced that merchants now have a new way to save on transactions made across borders with its Bankout service. Providing access to more than 300 domestic...


May 20, 2013
Earthport Enhances Remittance Programs In North Africa

Earthport, a cross-border payments service provider, announced the launch of an automated payment service in Morocco, a press release from the company reports. The payment service will enable customers to...


May 14, 2013
Visa Europe Wards Off EC By Offering To Cap Interchange...

In an attempt to abate the European Commission’s competition concerns and dodge fines of up to 10 percent of its revenue, Visa Europe has offered to vastly reduce cross-border interchange...


May 14, 2013
Visa Plans EU Cross-Border Card Fees Cap

Visa is planning to “significantly” reduce the fees it charges for cross-border card payments in the European Union, according to a Bloomberg report. Visa Europe is proposing to reduce its...


May 08, 2013
B2B Breakthrough: Discover, Ariba Launch AribaPay

Really and truly solving the B2B payments’ problem over the years has been a little bit like proving Fermat’s last theorem – lots and lots have tried and a few...


Real-Time Payments World Map - March 2024

Real-time payments in the EU are on the verge of achieving their instantaneous promise, with a new rule from the European Council requiring instant fund transfers  to be available within 10 seconds. In this edition of the “Real-Time Payments World Map,” a collaboration with The Clearing House, PYMNTS explores this development along with other advancements unfolding across the global real-time payments landscape.

Global Money Movement - January 2025

While digital wallets are most popular for cross-border remittances, their potential extends beyond consumer transactions. The problem: Banks are slow to integrate them as they reckon with interoperability issues as well as partnering with FinTechs to meet rising demand.

We spoke to consumers, small business leaders and bank employees across four markets to learn more. Download your copy of “Global Money Movement: How Digital Wallets Are Transforming Cross-Border Payments,” a collaboration with TerraPay,  here.