In recent years, cross-border payments have been growing rapidly. According to the Bank of England, the global market has seen a two-thirds increase from 2017, and is expected to be reach a whopping $250 trillion in 2027.
Of course, as a business owner, you’ll know that managing international payments isn’t without its challenges. In fact, Statista recently reported that 28% of consumers say cross-border efficiency should be a top priority for banks.
As such, more businesses are turning to cross-border payment companies like Payoneer to stay competitive in the global marketplace. They want a simplified approach to sending and receiving payments overseas. Statistics: Posted by Khatri — Tue Mar 04, 2025 6:14 am
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