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Total payment volume (TPV) of Antoms direct acquiring services nearly doubled between January and November 2024 over same period of 2023. Antoms card processing volume grew over 10 times from that of previous year, while delivering top notch authorization rates to its global enterprise merchants.
Known for powering aggregators like dLocal, Trace Finance brings proven expertise in cross-bordersettlement. This integration is set to significantly reduce the cost of stablecoin-based FX transactions while offering institutions and enterprises a faster, more transparent, and secure experience across borders.
The possibitities are now endless Beyond the ledger Blockchain has been part of financial infrastructure for years, from powering cross-bordersettlements to supporting stablecoin transactions and digital asset custody. But theres plenty more in this issue beyond blockchain.
They also represent the next major step for cross-border payment services, as the volume of cross-border payments also ramps up over the coming years.” GlobalData estimates that the total volume of cross-border transactions in Europe alone will increase by 58% between 2023 and 2028.
EMQ promises to eliminate “unnecessary intermediaries” between end points for payments and help with seamless, easy cross-bordersettlements, the release stated. The company targeted countries with particularly high cross-border transaction volumes in rolling out the tool.
For high-volume merchants, those differences add up quickly. Greater exposure to cross-bordersettlement issues if goods are sourced globally. That may seem like a good thing at first, but higher transaction sizes often mean higher interchange fees , especially for businesses on tiered pricing models. Not directly.
The company also pointed to the recent rise of the nostro account, an account owned by a financial institution in another country with funds held in local currency, used to facilitate cross-bordersettlement.
.” BVNK partners with LianLian Global to bring real-time stablecoin payments to 100 markets LianLian Global , a cross-border payments provider, has joined forces with BVNK , a UK-based stablecoin payments platform, to offer stablecoin payment capabilities to merchants in more than 100 countries.
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