CrossBorder
Cross-border ecommerce reached 237 billion euros – Beragampengetahuan
The online European cross-border market reached a turnover of 237 billion euros in 2023. This is an increase of 32 percent compared to the year before. European online stores generated 107 billion euros in cross-border turnover.
Africa’s new online foreign exchange system will enable cross-border payments in local currencies – what you need to know – Beragampengetahuan
Christopher Adam, University of Oxford The high cost of making cross border payments on the African continent has driven governments on the continent to seek options of settling trade and other transactions in local currencies. This has given birth to the Pan-African Payment and Settlement System which is scheduled to go live in 2024 under […]
Marketplaces generate 63% of cross-border turnover – Beragampengetahuan
Last year, the total online cross-border market in Europe generated a turnover of 265 billion euros. At least 63 percent, 167 billion euros, was generated by marketplaces. These data include global cross-border sellers, such as Amazon and AliExpress. These data come from the fourth edition of the “TOP 100 Cross-Border Marketplaces Europe” from Cross-Border Commerce […]
Vietnam, Philippines and Brunei to join cross-border QR payment scheme — Erwida Maulia And Ismi Damayanti ~ Mike Norman Economics – Beragampengetahuan
Vietnam, the Philippines and Brunei will join other major Southeast Asian economies in an interconnected QR code payment system that aims to promote use of local currencies and reduce dependence on the U.S. dollar. Indonesia, Thailand, Malaysia and Singapore are already progressing with the implementation of bilateral transactions using QR codes among one another — […]
Measuring Cross-Border Risk In Argentina Forbes – Markets – Beragampengetahuan
From the war in Ukraine and its ripple effect on the global supply chain to the economic problems in Argentina, the airwaves are replete with stories about the interse… Read More Dark Pools and the Legal Landscape: A Deep Dive into this Shadowy Domain of Stock Trading August 4, 2023 Introduction The realm of stock […]