Local Payments

How the Last Five Years Will Shape the Next Five Years of Payments Innovation

How the Last Five Years Will Shape the Next Five Years of Payments Innovation
How the Last Five Years Will Shape the Next Five Years of Payments Innovation
April 04, 2023  |  Payments Innovation

The old maxim says the more things change, the more they stay the same. The payments industry may have disproved that wisdom, at least in...

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PYMNTS Intelligence: Enabling Local Payment Methods via Payments Orchestration
PYMNTS Intelligence: Enabling Local Payment Methods via Payments Orchestration
February 28, 2023  |  Payments Innovation

Local and alternative payment methods — including digital wallets; online bank transfers; buy now, pay later (BNPL); and direct debit — are the most common...

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The Risks of Not Offering Local Payments
The Risks of Not Offering Local Payments
February 27, 2023  |  Payments Innovation

Three-quarters of global eCommerce is conducted using local payment methods, but offering such a diversity of payments may be difficult for merchants to do on...

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Offering Local Payments Is Merchants’ First Step Toward Expanding Overseas
Offering Local Payments Is Merchants’ First Step Toward Expanding Overseas
February 24, 2023  |  Payments Innovation

Merchants are expanding their operations abroad on a grand scale, taking advantage of the eCommerce boom to market in new regions and demographics. While industry...

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PYMNTS Intelligence: Challenges and Opportunities For eCommerce in Latin America
PYMNTS Intelligence: Challenges and Opportunities For eCommerce in Latin America
December 01, 2022  |  Cross-border Payments

Latin America is a burgeoning market for eCommerce, with a recent report pegging its value at $382 billion, representing a 35% growth from 2021. Some experts are...

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Western Merchants Deeply Lacking Knowledge About APAC Payments
Western Merchants Deeply Lacking Knowledge About APAC Payments
December 01, 2022  |  Cross-border Payments

Local FinTech wallets are a key part of the Asia-Pacific (APAC) eCommerce ecosystem. Whether Alipay in China, Paytm in India, Kakao Pay in South Korea...

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How eCommerce Can Unlock the Latin American Retail Scene
How eCommerce Can Unlock the Latin American Retail Scene
November 30, 2022  |  Cross-border Payments

PYMNTS talks with Karen Bruck, vice president of commerce and strategic initiatives at Mercado Libre, about the unique opportunities and challenges in Latin American eCommerce. — Latin America’s eCommerce...

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70% of Western Global Merchants See Payments Localization Cutting APAC Cart Abandonment in Half
70% of Western Global Merchants See Payments Localization Cutting APAC Cart Abandonment in Half
August 31, 2022  |  Cross-border Payments

The Asia Pacific (APAC) region is key to the international growth strategies of countless eCommerce merchants across the United States, the United Kingdom and Canada....

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