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Cross-border volume increased 16% YoY, flat on the quarter but slower than last year鈥檚 24% jump. Net revenues grew 10% YoY, up from 9% last quarter but down from 11% a year ago. Digging deeper: Visa executives spotlit three growth areas during the company鈥檚 earnings call. Value-added services.

Dollarization will boost cross-border trade in Argentina. High import taxes, a devalued currency, and protectionist economic policies have made products purchased from abroad prohibitively expensive.

With its Cross Border import service, Walmart can now transport inbound goods from Asia to Walmart Fulfillment Services facilities across the US. Walmart also announced the launch of LocalFinds, which offers shoppers direct pickup and delivery from local sellers鈥� physical stores. The service will be available starting in Atlanta and Dallas this fall, with other cities to follow.

Mastercard鈥檚 benefit: partnering with Checkout.com can give Mastercard a stronger foothold in Asia-Pacific and increase its cross-border payments volume. Asia-Pacific, the Middle East, and Africa accounted for 26% of Mastercard鈥檚 total gross dollar volume in Q4. Mastercard Send has been key to the firm鈥檚 cross-border payments volume, which grew 31% year over year (YoY) last quarter.

To fight back, card networks will partner on鈥攐r roll out their own鈥攊nstallment and A2A payment offerings, while streamlining cross-border payments. And they鈥檒l double down on other fast-growing sectors, like B2B. New Technology Will Disrupt the POS Hardware Market.

More US consumers are becoming cross-border buyers. Credit card debt shows limits of consumer resilience. Yesterday鈥檚 Chart of the Day: Measurement mix-ups. Methodology: Data is from the April 2023 Morning Consult survey. 2,200 US adults ages 18+ were surveyed online during March 24-26, 2023.

It may also become a threat to networks, which thrive on enabling cross-border payments. This article originally appeared in Insider Intelligence's Payments Innovation Briefing鈥攁 daily recap of top stories reshaping the payments industry. Subscribe to have more hard-hitting takeaways delivered to your inbox daily. Are you a client? Click here to subscribe.

It already allows cross-border sellers on other versions of its service, including in the UK, Vietnam, Malaysia, and Singapore. The broader context: TikTok鈥檚 push into social commerce makes sense given the way in which its platform has become enmeshed in the lives of consumers鈥攑articularly Gen Z.

Forever 21鈥檚 long-shot plan to emerge from bankruptcy involves copying Shein: The fast-fashion retailer plans to adopt an ecommerce-only model if it fails to find a buyer to manage its stores.

More US consumers are becoming cross-border buyers. Yesterday鈥檚 Chart of the Day: Stream another day. Methodology: Estimates are based on the analysis of survey and web traffic data from research firms and regulatory agencies, historical trends, and demographic adoption trends.

It wasn't worth your while, you were better off cross-border shopping. I also don't know if Nordstrom... I mean Target definitely had issues scaling their operations. One of the "issues" with Canada is that everybody is pretty much around the US border and then there are bits and pieces of people everywhere else.

Retail locations can help to bring in new customers and tie users closer to the brand by cross-selling other products in-person. At the end of 2023, Western Union opened 100 new retail locations in Europe. It plans to "significantly expand鈥� its locations through 2025. Why this matters: Brick-and-mortar stores can also help Western Union better meet customer expectations.

The retailer is also bringing its marketplace to new regions, including Chile, increasing cross-border opportunities and growing its potential audience. Our forecast expects Walmart鈥檚 marketplace ecommerce sales to grow 12.6% this year to $8.57 billion, slightly faster than Amazon鈥檚 projected 11.1% growth.

Additionally, cross-border imports valued at less than $800 are exempt from US tariffs, and Chinese ecommerce platforms have exploited this loophole by having packages shipped directly from China. How can US brands and retailers prepare for the new landscape of Chinese-influenced ecommerce? Focus on improving customer relationships to build loyalty. Inflation has made consumers fickle.

Cross-border commerce will offer opportunities. Cost-conscious European consumers are increasingly turning to cross-border ecommerce to hunt for the best deals. Nearly three-quarters (71%) of millennials and 60% of Gen Zers in Belgium, France, the Netherlands, Portugal, Spain, and the UK are shopping cross-border several times a year, per a June 2023 report by Worldline.

In addition to cross-border hits, foreign productions with ensemble casts can also help Netflix meet the current and pending localization quotas in Canada, Europe, and Australia. Ad-supported video-on-demand (AVOD) is growing slowly but steadily. Netflix launched ad-supported plans across 12 countries in November 2022.

Ecommerce International: This includes cross-border and global retailers such as AliExpress, Lazada, Trendyol, and Daraz. Digital Media and Entertainment: This group will include video content streaming platform Youku Tudou, music streaming platform Xiami Music (which was shuttered in 2021, but could be spun off), online ticketing platform Damai, and online literature platform Alibaba Literature.

Cross-border transactions are more likely to experience payment failure than domestic transactions. True, 72% of merchants report higher rates of failed payments with cross-border transactions than with domestic ones, according to PYMNTS Intelligence. June 3, 2025. True or false? Over half of US adults are very happy with their primary bank.

A lot happens in a week, so every Friday we're going to analyze all the new data and provide you with some of the key takeaways. Welcome to the Friday 5. This week, Temu and Shein get a scare, consumers use buy now, pay later (BNPL) apps to discover new products, and Super Bowl viewers don鈥檛 really care about ads for AI products or services.

No other market in the world comes close to China when it comes to ecommerce. Its highly competitive digital market has spurred retail innovations that are making their way around the world.

And then crypto themselves, things like remittances and cross-border payments are absolutely improved by blockchain technology. Grace Broadbent:. Yeah, I agree with that. I'd say there's a lot of use for crypto overall and blockchain technology in the payment sector like remittances and B2B payments, like Tyler said. Rob Rubin:. Are B2B payments really ready for it though?

Chinese ecommerce platforms seek new paths for growth: Temu expands into South Korea amid challenges in Western markets.

Digitization has reduced consumers鈥� remittances costs worldwide, reshaping the competitive battlefield. Money transfer operators must follow new playbooks to monetize this $800 billion market.