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PYMNTS: How P2P Gives B2B X-Border Merchants A (Revenue) Lift

By PYMNTs | June 8, 2017

Source:  

PYMNTS.COM

By 2020, some 940 million cross-border shoppers are expected to spend $1 trillion on eCommerce, or online payment, transactions.

For marketplaces, this growth in cross-border trade means processing, accepting and making mass payments in multiple currencies, which comes with a host of complications, ranging from currency conversion to making high-cost wire transfers.

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Topics: Cross - border payments, News & Events, global payments, digital marketplaces, ecommerce, e-commerce payments, e-commerce marketplaces, cross-border payouts, pymnts.com, payout solutions, b2b payouts, e-commerce payouts, marketplace sellers, global e-commerce

Transpay Provides Alternative Payout Solutions For Retail Marketplaces

By Retail Touch Points | May 3, 2017

Transpay is a B2B/B2P (business-to-persons) cross-border payments platform specializing in supplier payouts to emerging and challenging markets. The company’s platform is designed to enable transfers across its global proprietary network for global marketplaces, merchants and resellers, and serve as an alternative to legacy correspondent banking wires, digital wallets and prepaid cards.

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Topics: Cross - border payments, News & Events, supplier payouts, digital marketplaces, ecommerce, e-commerce payments, e-commerce marketplaces, p2p, digital economy, retail marketplaces, online marketplaces, mass pay api

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