Global Payments

Globalization is driving corporations to transact more frequently across borders. Consumers are also transacting more on a global basis—buying from foreign eCommerce sites as well as traveling, living, and working abroad. For the payments industry, the result is higher volumes of payments—in terms of both currency value and number of transactions. This is also leading to a consequent shift downwards in the average value of these payments.

Mintos Notches €5 Million In Series A Funding; Monzo Teams With PayPoint For Deposits

Mintos Notches €5 Million In Series A Funding; Monzo Teams With PayPoint For Deposits
Mintos Notches €5 Million In Series A Funding; Monzo Teams With PayPoint For Deposits
November 14, 2018  |  Global Payments

Welcome to The Axis, your late look at payments news from around the world. Coverage includes Mintos‘ €5 million Series A raise. In addition, Singapore’s...

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How Choice Can Set Platform Providers Apart From Competition
How Choice Can Set Platform Providers Apart From Competition
November 14, 2018  |  Platform Payments

One quarter of customers will abandon purchases if a merchant doesn’t accept their preferred payment method. However, managing payments made in 180 currencies can be...

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myPOS Brings New Store To Barcelona
myPOS Brings New Store To Barcelona
November 13, 2018  |  Retail

To bring its products and services closer to local small and medium-sized businesses, European payments provider myPOS will be opening a new store in Spain...

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TRENDING: BigCommerce On How Platforms Solve Big eCommerce Payment Complexities
TRENDING: BigCommerce On How Platforms Solve Big eCommerce Payment Complexities
November 13, 2018  |  Platform Payments

When consumers make a purchase online or through a mobile app, they expect the process to be simple and secure. However, they also expect to...

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Bank Of England Plans Panel To Standardize Payments Messaging
Bank Of England Plans Panel To Standardize Payments Messaging
November 12, 2018  |  B2B Payments

As the U.K. continues its move to adopt the ISO 20022 payments messaging standard, the Bank of England is reportedly planning to create a panel...

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Amex Obtains License For Chinese Card Service
Amex Obtains License For Chinese Card Service
November 09, 2018  |  Cross-border Payments

Before a summit between China’s President Xi Jinping and U.S. President Donald Trump, American Express has received the go-ahead to open up card-clearing services in...

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Singapore Alt-Lender Merges With eProcurement Platform
Singapore Alt-Lender Merges With eProcurement Platform
November 09, 2018  |  B2B Payments

Two Singapore-based FinTechs are combining their services to create a unified supply chain financing tool. Get the Full Story Complete the form to unlock this...

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India Finance Minister Says Visa, Mastercard Losing Local Market Share
India Finance Minister Says Visa, Mastercard Losing Local Market Share
November 08, 2018  |  Cross-border Payments

In the battle across India for consumer transactions, in the battle for hearts and minds and wallets, might Mastercard and Visa be losing share? Get...

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