IBM launches a cross-border payments system
IBM Blockchain World Wire was developped in collaboration with blockchain company Stellar.
Crimea abandons Visa and MasterCard
The Republic of Crimea’s largest bank replaced all cards with Russia’s Mir payment system.
Azlo to introduce free cross-border payments to Mexico
The digital first bank plan to offer free cross-border payments.
Nanopay and Interac to expand into cross-border payments
The partners aim at offering a fast low-cost cross-border payment solution.
iDEAL increasingly popular in foreign shops
Nearly a third of iDEAL payments originate from foreign online stores.
Austria - China Online Trade Agreement
The new Sino-Austrian agreement intends to strengthen cooperation and exchange of experience between cross-border e-commerce platforms.
Making euro payments cheaper
The European Commission has announced the release of a proposal aimed at reducing the costs of cross-border euro payments for consumers.
eBay helps accelerate global cross-border e-commerce
The marketplace giant has announced new investments in the Fujian province.
China’s cross-border e-commerce to hit 1.32 trillion USD by 2018
The country’s import and export e-commerce value is predicted to reach 1.32 trillion USD by 2018, according to the Chinese Cross-Border E-commerce Index.
The decline of cash: Indian consumers are turning to digital payment solutions
Between 2016 and 2017, the use of cash declined from 33% to 31%. By 2018, it is expected to decrease to 25%.
Dubai CommerCity e-commerce free zone
The $740 million joint venture, between Dubai Airport Free Zone Authority (DAFZA) and wasl Asset Management Group, will be the first e-commerce free zone in the region.
Paysafecard’s entry in UAE online payments market
Paysafecard has announced the introduction of their prepaid payment solution in the United Arab Emirates.
Apple Pay to expand in Denmark, Finland, Sweden and UAE
By the end of 2017, Apple plans to make its Apple Pay feature available in Denmark, Finland, Sweden and the United Arab Emirates.
P2P Payment Apps are booming in the US
EMarketer's predicts a strong growth of the mobile peer-to-peer payment industry.
