Cross-Border eCommerce: Payments' Next Frontier

“As global trade grows, all stakeholders in online industries are facing new challenges, for instance, how to make cross-border eCommerce profitable. Global eCommerce has been growing, on average, 19 percent each year and in China, eCommerce sales grew 130 percent in 2011. According to JPMorgan Chase, by 2015, eCommerce will have grown to $1.4 trillion. In developing, emerging and maturing markets, mobile eCommerce is providing consumers with new payment methods to purchase goods and services online.” <<READ MORE>>