Online businesses see a world of opportunity for cross-border e-commerce sales and executives are ready to take action. According to The Visa Global Merchant E-commerce Study, e-commerce leaders globally view... more
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Amazon is making a cross-border e-commerce transactions push for merchants on its website to sell goods into other countries, setting the stage for greater competition with rival marketplaces run by eBay and potentially Alibaba. More than a quarter of all revenue for sellers on Amazon globally was from cross-border e-commerce transactions in 2017, up more [...]
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China’s central bank has launched the China International Payment System (CIPs), a worldwide interbank payment system and superhighway for the yuan to facilitate trade settlement and investment dominated in the yuan. CIPS will replace a patchwork of existing networks that make processing renminbi payments a more cumbersome process. It will comprise of two phases, the first of [...]
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