Online shopping has been at the heart of an economic revolution for more than fifteen years.

Connected consumers have more choice than ever, and can select goods and services from a range of providers both within their own markets and across borders. Currently worth around $2.5 trillion annually, it’s estimated business to consumer e-commerce will be worth about $7.4 trillion by 20301 – around one-third of today’s entire US economic output. According to consultants McKinsey and Company, more than one dollar in seven ($1 trillion) of this value will be transacted across borders.

AstroPay explains that while this is great news all round, specific challenges in cross-border e-commerce have hampered growth. These include merchants’ capacity to accept a wide range of domestic and regional payment methods and slow settlement of funds between different countries.

Find out more – download the white paper.

This White Paper is written by PCM on behalf of AstroPay. To find out more about our Products and Services contact us today:

Alex Rolfe – Managing Director
alex@paymentscm.com

Wendy Sanders – Business Development Director
wendy@paymentscm.com

Or check our Media Kit for a full range of our award-winning services

Solving Cross-Border Payment Challenges. For Europe’s Merchants, PSPs and Consumers

Online shopping has been at the heart of an economic revolution for more than fifteen years.