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.

Remittance Tax Critics Warn of Unintended Consequences

Remittance Tax Critics Warn of Unintended Consequences
Remittance Tax Critics Warn of Unintended Consequences
June 03, 2025  |  Cross-border Payments

The “One Beautiful Bill” that’s made its way through the House and now is up for debate (and possible changes) in the Senate will have...

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Banks Caught Flat-Footed as Global Payroll Rides Innovation Wave
Banks Caught Flat-Footed as Global Payroll Rides Innovation Wave
June 03, 2025  |  Gig Economy

Borderless work requires borderless payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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TerraPay and Wave to Promote Cross-Border Remittances in West Africa
TerraPay and Wave to Promote Cross-Border Remittances in West Africa
May 29, 2025  |  Cross-border Payments

Money movement company TerraPay launched a partnership with Wave Mobile Money. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Global Payments Divests Payroll Unit to Acrisure for $1.1 Billion
Global Payments Divests Payroll Unit to Acrisure for $1.1 Billion
May 28, 2025  |  Payroll

Payment tech company Global Payments is selling its payroll business for $1.1 billion. Get the Full Story Complete the form to unlock this article and...

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UK’s Banking Circle Gives Visa Access to Its Local Clearing Rails
UK’s Banking Circle Gives Visa Access to Its Local Clearing Rails
May 22, 2025  |  Partnerships

Payments bank Banking Circle launched a partnership with Visa’s Visa Direct. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Saudi Small Businesses Rethink Payments for a Faster Future
Saudi Small Businesses Rethink Payments for a Faster Future
May 21, 2025  |  Mobile Wallets

Saudi Arabia is emerging as a focal point in cross-border payments thanks to the rise of digital wallets. Get the Full Story Complete the form...

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Papaya Launches Platform to Manage and Pay Contingent Workers
Papaya Launches Platform to Manage and Pay Contingent Workers
May 20, 2025  |  Gig Economy

Papaya Global launched a dedicated platform designed to help enterprises and managed service providers (MSPs) manage and pay freelancers, consultants, gig workers and independent contractors....

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Global Payments Bets Big on $600M Synergy From Worldpay
Global Payments Bets Big on $600M Synergy From Worldpay
May 06, 2025  |  Acquisitions

A $22 billion acquisition is a tough act to follow. But TSYS-parent Global Payments is betting big on its $600 million synergy target as it...

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FIS Goes All In on the Issuer
FIS Goes All In on the Issuer
May 06, 2025  |  Earnings

Fidelity National Information Services (FIS) said during a Tuesday (May 6) first-quarter earnings report that it continues to see strong demand from banks to modernize...

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