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2017 Challenges and Trends for Cross-Border Payments

By Allan Tan | March 27, 2017

Trade is the life blood of civilizations and its flow has gone only smoother and faster with better infrastructure. One area that is drawing attention in 2017 is cross-border payments. Several factors are bringing this topic forward. Firstly, more consumers are traveling overseas markets and buying goods to bring home. Second, consumers are discovering the convenience of buying overseas from the comfort of their home. In both cases, this is highlighting the issue of cross-border payments in order to facilitate commerce.

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Topics: fintech, Cross - border payments, News & Events, payments industry, digital payments, payment innovation

PYMNTs Report: Is The X-Border eCommerce Fee-For-All Shipping Out?

By PYMNTs | March 15, 2017

Source:  

PYMNTs

Merchants engaged in cross-border commerce and logistics continue to produce solutions and products aimed at helping merchants strengthen relationships with their consumers and improving the pace of global business.

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Topics: Cross - border payments, News & Events, ecommerce, pymnts

3 Ways Payments Can Help Counter Marketplace Disintermediation

By Joe Goetz | March 2, 2017

Acting as digital trading posts, online marketplaces provide businesses and freelancers with platforms to buy/sell services and goods. Whether it’s Uber, Etsy or Upwork, the result is a direct-to-consumer channel that brings new income and exposure to people around the world. In fact, the effect of online talent marketplaces alone has the potential to add $2.7 trillion to global GDP by 2025, according to McKinsey.

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Topics: News & Events, news and events

Payment Week: Transpay Adds Global Payouts To Morocco

By Mike Dautner | February 20, 2017

Source:  

Payment Week

Transpay, known as a B2B and B2P cross-border payments outlet, recently announced that its services had branched out to include direct-to-bank deposits in Morocco.

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Topics: News & Events, travel industry, freelance payments, e-commerce, payouts to morocco, payment week

Transpay Adds Global Payouts to Morocco

By Amanda Williams | February 13, 2017

Source:  

Transpay PR

New York, NY (February 13, 2017) -- Transpay, a B2B/B2P cross-border payments platform, today announced that its service offering had expanded to include direct-to-bank deposits in Morocco. Transpay clients are now able to send local currency payments to individuals' bank accounts in Moroccan Dirham (MAD).

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Topics: Press Releases, Cross - border payments, morocco, global coverage

Country Spotlight: China’s eCommerce and Travel Revolution

By Miko Manglapus | January 31, 2017

Source:  

Transpay Blog

With no limits on yuan cross-border payments and thriving e-commerce and travel industries, China continues to open up for business.

Here, we take a look at China’s e-commerce and travel revolution and the critical role of payments in the continuing growth of these markets.

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Topics: Blog, Cross - border payments, travel industry, China, e-commerce

Executive Interview: Transpay’s Mike Carlo on Cross-Border Payments

By Ritesh Gupta | January 9, 2017

Every market has its own payment mix, mandates, checkout and risk management considerations. When you think about the scale of global travel, monitoring these multinational regulations is a rigorous process.

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Topics: Cross - border payments, News & Events, Airlines Travel Payments Summit, travel payments

2017 Predictions For Travel Payments

By Mike Carlo | January 3, 2017

Source:  

Transpay Blog

From the expanded acceptance of China UnionPay to the inclusion of eWallets in the online booking experience, and even the rebirth of installment payments, the future of travel payments has never looked brighter. 

This is especially true when it comes to payouts. As we look towards the year ahead, we’ve decided to make a few predictions on the payout tactics Transpay expects to see more of in 2017 from hotels, airlines and OTAs:


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Topics: Blog, travel industry, travel payments

To Fee or Not to Fee: Uncovering the Cost of Mass Payout Providers

By Christina Wu | November 29, 2016

Source:  

Transpay Blog

In this global economy, many businesses have a network of contractors and freelancers dispersed around the world, and these workers need to be paid quickly, affordably and conveniently. Global payout providers offer cost-effective solutions for managing large numbers of cross-border payments, in multiple currencies to locations around the world. The trouble is that moving money across borders can be complicated—and costly. There are transaction fees to consider, as well as additional hidden foreign-exchange fees and more, depending on the payout method. Here are three questions you can ask to help uncover the costs behind mass payout providers.

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Topics: Blog, Cross - border payments, global payments, transpay fees, global payment fees

Exclusive White Paper: Navigating Vacation Rental Payouts

By Mike Carlo | November 7, 2016

Source:  

Transpay Travel

2016 has been a fierce year for the vacation rental sharing market. From regulatory issues at Airbnb to HomeAway becoming a booking engine for professional properties, and even the launch of noise monitoring tech for hosts (bye bye wild parties), rental accommodations have stolen the travel spotlight.

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Topics: Blog, sharing economy, host payouts, vacation rental

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