products international-money receiving-money-from-overseas 
PYMNTS
FEBRUARY 20, 2020
FinTech Paysend is introducing Global Account, its international, fee-free mobile money account with a multi-currency wallet, to European users, the company announced on Thursday (Feb. billion in fees when spending internationally and up to £996 million when shopping on overseas websites. In July , Paysend announced an £8.5
PYMNTS
JANUARY 28, 2021
But for the recipients of the cross-border money transfers and peer-to-peer (P2P) payments usually associated with developing economies, they are lifelines. Person-to-person international transfers form by far the largest foreign economic support for developing economies. The Flows — And Where The Money Goes.
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PYMNTS
AUGUST 15, 2019
Global remittances have been increasing, according to the latest data from the World Bank. Recent figures indicate that global remittance payments broke records last year, with $689 billion in remittances reported — a significant increase from the $633 billion reported in 2017. New Partnerships, New Innovation Perspective .
PYMNTS
AUGUST 14, 2019
Companies separated across borders want payments to be delivered on time so they can meet their payment deadlines, access capital and deliver products in a timely fashion. Nordic bank-backed initiative P27 was launched to update the region’s aging infrastructure with a platform that enables real-time payments from different markets.
PYMNTS
JULY 15, 2020
dollar, leaving few incentives for companies to overcome the numerous obstacles and pain points involved in broadening business into new markets overseas. “As we become more global in nature here, businesses’ competition is no longer the person across the street or from another state,” said Nader.
PYMNTS
MAY 3, 2019
It seems that’s the journey for cross-border payments, which are in the midst of a digital disruption as innovators focus on addressing a range of friction points, from sluggish speeds to high costs. Only a few years ago, small businesses lagged in global payments technology uptake. In the U.K.,
PYMNTS
NOVEMBER 6, 2019
However, significant challenges still exist that serve to slow the growth of subscription commerce — not the least of which is how to move money in the most efficient way possible. PYMNTS recently caught up with Pranav Sood, vice president and general manager of International Expansion for U.K.-based Indeed, 72 percent of U.S.
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