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.

Why U.S. Retailers Struggle Online with Brazilian Consumers

| MCM Staff

Many Brazilian consumers are forgoing the country’s local businesses, choosing instead to buy American goods as a sign of wealth. But many U.S. retailers are struggling to sell to Brazilian consumers due to the country’s closed-loop network policy, which restricts Brazilian cardholders to only using their credit/debit card within the country.

Bongo International Now Accepts Bitcoin

| MCM Staff

Global ecommerce and international logistics solutions provider Bongo International announces that they are the first in their field to accept Bitcoin, the decentralized P2P currency.