Ingenico Experts / Shaping the future of payment
Ingenico Experts / Shaping the future of payment
With retail sales at an all-time high globally (according to data from eMarketer, total retail sales hit $22 trillion worldwide in 2016, a 6% increase from 2015), payment service providers (PSPs) will have to deliver more to the merchant acquirers than ever before.
Cross-border e-commerce will be worth $900 billion by the end of the decade.
China has edged out the US to become the premier country for cross-border e-commerce, according to a survey of shoppers worldwide by Ipsos and Paypal.
World digital payments could reach $2 trillion by the end of 2020, according to figures released ahead of the Gitex Technology Week event in Dubai.
The first ever cross-border Blockchain bank payment has been made, between Germany and Canada.
Cross-border ecommerce is gaining traction in China, according to estimates from eMarketer.