cross-border payments

Cross-border payment is a term referring to transactions involving individuals, companies, banks or settlement institutions operating in at least two different countries.

(source: kantox.com)

Airwallex and Woo Team to Simplify Cross-Border eCommerce
Airwallex and Woo Team to Simplify Cross-Border eCommerce
December 13, 2023  |  eCommerce

Payments platform Airwallex has launched a partnership with eCommerce platform Woo. The collaboration makes Airwallex an official payment extension of Woo, letting the platform’s 3.5 million stores accept cross-border payments...

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British Payment Regulator Calls for Cross-Border Card Fee Cap
British Payment Regulator Calls for Cross-Border Card Fee Cap
December 13, 2023  |  Regulation

Visa and Mastercard are under pressure to cap cross-border merchant fees in the U.K. The Payment Systems Regulator (PSR) on Wednesday (Dec. 13) published an update to its review of cross-border...

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ConnexPay Adds Canadian Dollars to Virtual Card Offering
ConnexPay Adds Canadian Dollars to Virtual Card Offering
December 12, 2023  |  Payment Methods

Payments platform ConnexPay has added acquiring in Canadian dollars to its virtual card issuing offering. The expansion lets ConnexPay customers process payments in Canadian dollars (CAD), according...

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Citi Provides Investment and Technology to Colombian FinTech Supra
Citi Provides Investment and Technology to Colombian FinTech Supra
December 11, 2023  |  Investments

Citi has led a strategic investment round in Supra, a Colombian FinTech that enables cross-border payments and treasury solutions. Supra provides these solutions to small...

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Payments Orchestration Helps Platforms Extend Their Global Reach
Payments Orchestration Helps Platforms Extend Their Global Reach
December 11, 2023  |  Payments Innovation

Blake Whitson, vice president, payments and global customer support at Brainly, and Andy McHale, senior director, product and market strategy at Spreedly, told PYMNTS that...

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Ripple Expands Global Payout Coverage of Cross-Border Payments Solution
Ripple Expands Global Payout Coverage of Cross-Border Payments Solution
December 08, 2023  |  Blockchain

Ripple has updated its crypto-enabled cross-border payments solution.  The newly enhanced Ripple Payments, formerly known as RippleNet, enables businesses to leverage the blockchain easily for faster,...

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Flutterwave Acquires Money Transmission Licenses in 13 US States
Flutterwave Acquires Money Transmission Licenses in 13 US States
December 07, 2023  |  Cross-border Payments

Flutterwave has acquired 13 money transmission licenses in the United States, allowing for faster, more affordable and secure money transfers between the U.S. and Africa....

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ZilBank Streamlines Opening US Accounts for Mexican Companies
ZilBank Streamlines Opening US Accounts for Mexican Companies
December 07, 2023  |  Cross Border Commerce

B2B banking platform ZilBank has launched a new feature that makes it easier for Mexican businesses, entrepreneurs and freelancers to pay U.S. vendors, affiliates, employees...

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Western Union Marks 100 Concept Stores in Europe
Western Union Marks 100 Concept Stores in Europe
December 06, 2023  |  Cross-border Payments

Western Union says it has expanded its network of concept stores in Europe. The cross-border money transfer provider announced Wednesday (Dec. 6) that it now has...

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