This one-page introduction offers a concise overview of the evolution and intricacies of cross-border payments. From the historical exchange of precious metals to the modern-day reliance on digital networks and undersea cables, this primer sets the stage for understanding the complexities of global transactions. Full report available to download on the Asset Library: https://paypr.work/2024/11/10/cross-border-payments-new-report/
How many payments types are there really out there🤔?
This is one that has puzzled us for a long time, and continues to do so. Having been around a few #payments businesses, the true count of #paymentsmethods always differed, sometimes by a significant margin🤨.
Means of payment, together with financial market infrastructures (payment systems, clearing houses, financial instrument settlement systems) play a fundamental role in the economy. The payments and market infrastructures landscape has changed significantly over the last few years, with fintechs and the underlying infrastructure driving major developments in the means of payment and payment services, with features such as:
