Cross-Border Retail Payments Tracker® – August 2021

Art Retailers Tap New Tech To Navigate Cross-Border Payment Challenges

Cross-Border Retail Payments Tracker® – August 2021

The twofold setback of Brexit and the pandemic has irreversibly altered international commerce. In the “Cross-Border Retail Payments Tracker,” a PYMNTS and Citcon collaboration, Michal Szczesny, CEO of Artfinder, explains how collaborating with payment providers to meet regulatory requirements and speed transactions is helping art merchants meet cross-border challenges.

Inside the August Tracker

  • An interview with Michal Szczesny, CEO of art retailer Artfinder, on how Brexit and the pandemic changed the cross-border payments space and made it critical to partner with payment providers to navigate complex regulations and requirements
  • The latest cross-border retail developments, including why 18% of cross-border eCommerce transactions are declined in the United States and why consumers in the United Kingdom are exhibiting reluctance for cross-border purchasing
  • A Deep Dive analyzing the challenges merchants in the electronics space are facing with cross-border transactions and the ways innovation is reshaping the shopping experience

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