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.
Instant Payments Have a Supply Problem, Not a Demand Problem
Instant Payments Have a Supply Problem, Not a Demand Problem
December 22, 2023  |  Real-Time Payments

Immediacy will always prove to be a winning concept — particularly within payments. Convenience, simplicity and security are three core pillars of today’s increasingly connected...

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New Use Cases Needed to Drive Instant Payments Momentum Worldwide
New Use Cases Needed to Drive Instant Payments Momentum Worldwide
December 19, 2023  |  Real-Time Payments

Form3 CEO Dave Scola told PYMNTS that instant payments have a long way before they reach their full potential. “I’m not disappointed by the rates...

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Traditional Payment Methods Remain Relevant Despite Real-Time Innovations
Traditional Payment Methods Remain Relevant Despite Real-Time Innovations
December 19, 2023  |  Real-Time Payments

In a rapidly changing digital world where real-time payments are becoming increasingly popular, it’s easy to assume that traditional payment methods like wire transfers and...

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Global Payments Denies Report of Acquisition Talks with Shift4
Global Payments Denies Report of Acquisition Talks with Shift4
December 14, 2023  |  Acquisitions

Global Payments, a payments company based in Atlanta, was reportedly considering an acquisition of Shift4 Payments, a provider of an end-to-end commerce solutions headquartered in...

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Lightnet Teams With TransferMate to Streamline B2B Global Payments
Lightnet Teams With TransferMate to Streamline B2B Global Payments
December 12, 2023  |  Partnerships

Singapore-based payment solutions provider Lightnet partnered with B2B global payments infrastructure-as-a-service provider TransferMate. Lightnet will integrate TransferMate’s global payments network within its platform, enabling Lightnet...

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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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Klarna Adds Adyen’s Acquiring Capabilities to Simplify Card Payments
Klarna Adds Adyen’s Acquiring Capabilities to Simplify Card Payments
December 05, 2023  |  Partnerships

Klarna has added Adyen’s acquiring capabilities to simplify card payments for its 150 million consumers and 500,000 retail partners globally.  This agreement extends the companies’ existing global...

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Hong Kong and Thailand Unveil Cross-Border QR Code Payment System
Hong Kong and Thailand Unveil Cross-Border QR Code Payment System
December 04, 2023  |  Cross Border Commerce

Hong Kong and Thailand are bridging the gap between their economies. The two countries launched a new cross-border QR code payment system, known as the...

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