The Chinese Payments Landscape

| Daniela Forte

With 1.4 billion people living in China and 650 million using internet and 80% of these internet users on mobile devices, it is projected that by 2020, the Chinese ecommerce market will be bigger than that of U.S., U.K., Japan, Germany and France, according to an infographic by Adyen.

BlueSnap Partners With iGlobal Stores

| MCM Staff

With a simple integrated checkout page, merchants will be able to automate international tax and shipping calculations, reduce logistics costs and meet legal obligations while providing a localized checkout experience in more than 180 countries.

cross-border

Alipay Sees Strong Growth in Cross-border Shopping

| Tim Parry

Alipay, China’s largest e-payments provider, has been cutting deals to get non-Chinese e-tailers to adopt it as a payment option. Alipay, which now settles transactions in 14 currencies and 34 countries, created this infographic containing some interesting stats surrounding the company’s growing cross-border business.

eBay: 79% of Global Shoppers Prefer PayPal

| Tim Parry

PayPal’s global business generated $986 million in revenue in the second quarter, and international revenue grew at a rate of 19% year over year. Here’s a look at what’s sparked the 11th consecutive quarter of global growth for PayPal.

Newegg Latest Merchant to Accept Bitcoin

| Tim Parry

The company’s more than 25 million registered customers can now pay for more than 10.5 million products including electronics, computers, game consoles and household items using Bitcoin through BitPay.