Local and alternative payment methods — including digital wallets; online bank transfers; buy now, pay later (BNPL); and direct debit — are the most common means for consumers to buy goods online. Shoppers in Europe, for example, spend more than $388 billion online annually using...
Global eCommerce sales are predicted to grow by more than half over the next four years, with a projected value of $8.1 trillion by 2026. Scaling upward, however, remains a challenge for most online businesses, with more than 90% of eCommerce merchants earning less than...
Cross-border payments account for a massive amount of the cash flow crisscrossing the globe, with these transactions expected to total $39 trillion by 2022. These payments are more complex than domestic payments as they often have to be routed through several banks before reaching their...
Change typically brings confusion and some level of chaos, and that’s true for merchants trying to win over foreign shoppers and master cross-border payments — achievements that can provide a revenue edge as eCommerce continues to grow across the world. And digital technology’s ongoing work...
July 07, 2021
Cross-border payments account for a massive amount of the cash flow crisscrossing the globe, with these transactions expected to total $39 trillion by 2022. These payments are more complex than domestic payments as they often have to be routed through several banks before reaching their final destinations. Each step of the process requires compliance with […]
October 21, 2015
Expanding global sales can be a tough obstacle for small and medium-sized businesses, but PayPal is looking to ease the journey through the release of two new eBooks geared at helping SMBs boost sales abroad. The intention of the company’s eBook offerings, “How to Sell Internationally” and “Selling Into China,” is to help merchants capitalize […]
September 01, 2015
Not only is cross-border commerce on the rise but the latest data from Research and Markets shows global business-to-consumer (B2C) eCommerce will experience double-digit growth into 2017. According to the...
July 02, 2015
New York-based online retailer Zady, which caters its lifestyle goods to conscious consumers, announced a partnership with Borderfree to expand its offerings globally. In a company release yesterday (July 1),...
March 26, 2015
Global Payments is staying true to its name, with the company’s latest move expanding its presence in Europe and beyond. The payment technology firm announced yesterday (March 25) that it...