BANKING, FINANCIAL SERVICES & INSURANCE
Global Cross-border Payments Market - Industry Trends and Forecast to 2032
REPORT OVERVIEW
Global Cross-border Payments Market, By Channel (Bank Transfer, Money Transfer Operator, Card Payment, Others), Enterprise Size (Large Enterprise Size, Small and Medium-sized Enterprises), End User (Individuals, Businesses), Transaction Type (Business to Business (B2B), Customer to Business (C2B), Business to Customer (B2C), Customer to Customer (C2C)), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.
Market Insights
Market Dynamics
- Globalization of Trade and Business
- Remittances and Migration
- Regulatory Complexity and Compliance Challenges
- High Transaction Costs and Delays
- Fintech Innovation and Digital Payment Solutions
- Financial Inclusion Initiatives
- Regulatory Compliance and Anti-Money Laundering (AML) Requirements
- Currency Exchange Rate Volatility
SEGMENTATION
- Channel
- Bank Transfer
- Money Transfer Operator
- Card Payment
- Others
- Enterprise Size
- Large Enterprise Size
- Small and Medium-sized Enterprises
- End User
- Individuals
- Businesses
- Transaction Type
- Business to Business (B2B)
- Customer to Business (C2B)
- Business to Customer (B2C)
- Customer to Customer (C2C)
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- The Netherlands
- Belgium
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Colombia
- Rest of South America
- Middle East and Africa
- Kingdom of Saudi Arabia
- South Africa
- U.A.E.
- Egypt
- Rest of Middle East and Africa
KEY MARKET PLAYERS
- Adyen N.V.
- American Express Company
- FIS
- Payoneer Inc.
- PayPal Holdings, Inc.
- Square, Inc.
- Stripe, Inc.
- TransferMate
- Visa Inc.
- Western Union Holdings, Inc.
Table OF CONTENTS
- SECTION 1 - INTRODUCTION
- 1.1 Taxonomy
- 1.2 Market Overview
- 1.3 Currency and Limitations
- 1.3.1 Currency
- 1.3.2 Limitations
- 1.4 Key Competitors
- SECTION 2 - RESEARCH METHODOLOGY
- 2.1 Research Approach
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Assessment
- 2.3.1 Market Size Estimation
- 2.3.2 Bottom-up Approach
- 2.3.3 Top-down Approach
- 2.3.4 Growth Forecast
- 2.4 Market Study Assumptions
- 2.5 Data Sources
- SECTION 3 - EXECUTIVE SUMMARY
- 3.1 Global Cross-border Payments Market, by Channel
- 3.2 Global Cross-border Payments Market, by Enterprise Size
- 3.3 Global Cross-border Payments Market, by End User
- 3.4 Global Cross-border Payments Market, by Transaction Type
- 3.5 Global Cross-border Payments Market, by Geography
- 3.6 Market Position Grid
- SECTION 4 - PREMIUM INSIGHTS
- 4.1 Regulatory Framework
- 4.1.1 Standards
- 4.1.2 Regulatory Landscape
- 4.2 Value Chain Analysis
- 4.3 Supply Chain Analysis
- 4.4 COVID-19 Impact
- 4.5 Russia-Ukraine War Impact
- 4.6 PORTER's Five Force Analysis
- 4.7 PESTLE Analysis
- 4.8 SWOT Analysis
- 4.9 Go to Market Strategy
- 4.10 Opportunity Orbit
- 4.11 Multivariate Modelling
- 4.12 Pricing Analysis
- SECTION 5 - MARKET DYNAMICS
- 5.1 Trends
- 5.1.1 Trend 1
- 5.1.2 Trend 2
- 5.1.3 Trend 3
- 5.2 Drivers
- 5.2.1 Globalization of Trade and Business
- 5.2.2 Remittances and Migration
- 5.2.3 Driver 3
- 5.2.4 Driver 4
- 5.3 Restraints
- 5.3.1 Regulatory Complexity and Compliance Challenges
- 5.3.2 High Transaction Costs and Delays
- 5.3.3 Restraint 3
- 5.4 Opportunities
- 5.4.1 Fintech Innovation and Digital Payment Solutions
- 5.4.2 Financial Inclusion Initiatives
- 5.4.3 Opportunity 3
- 5.4.4 Opportunity 4
- 5.5 Challenges
- 5.5.1 Regulatory Compliance and Anti-Money Laundering (AML) Requirements
- 5.5.2 Currency Exchange Rate Volatility
- 5.5.3 Challenge 3
- SECTION 6 - GLOBAL CROSS-BORDER PAYMENTS MARKET, BY CHANNEL
- 6.1 Channel Summary
- 6.2 Market Attractive Index
- 6.3 Global Cross-border Payments Market, by Channel (2019-2032)
- SECTION 7 - GLOBAL CROSS-BORDER PAYMENTS MARKET, BY ENTERPRISE SIZE
- 7.1 Enterprise Size Summary
- 7.2 Market Attractive Index
- 7.3 Global Cross-border Payments Market, by Enterprise Size (2019-2032)
- SECTION 8 - GLOBAL CROSS-BORDER PAYMENTS MARKET, BY END USER
- 8.1 End User Summary
- 8.2 Market Attractive Index
- 8.3 Global Cross-border Payments Market, by End User (2019-2032)
- SECTION 9 - GLOBAL CROSS-BORDER PAYMENTS MARKET, BY TRANSACTION TYPE
- 9.1 Transaction Type Summary
- 9.2 Market Attractive Index
- 9.3 Global Cross-border Payments Market, by Transaction Type (2019-2032)
- SECTION 10 - GLOBAL CROSS-BORDER PAYMENTS MARKET, BY GEOGRAPHY
- 10.1 Regional Summary
- 10.2 Market Attractive Index
- 10.3 Global Cross-border Payments Market, by Geography (2019-2032)
- SECTION 11 - NORTH AMERICA CROSS-BORDER PAYMENTS MARKET
- 11.1 North America Summary
- 11.2 Market Attractive Index
- 11.3 North America Cross-border Payments Market, by Channel (2019-2032)
- 11.4 North America Cross-border Payments Market, by Enterprise Size (2019-2032)
- 11.5 North America Cross-border Payments Market, by End User (2019-2032)
- 11.6 North America Cross-border Payments Market, by Transaction Type (2019-2032)
- 11.7 North America Cross-border Payments Market, by Country (2019-2032)
- 11.7.1 U.S.
- 11.7.2 Canada
- 11.7.3 Mexico
- 11.7.4 Rest of North America
- SECTION 12 - EUROPE CROSS-BORDER PAYMENTS MARKET
- 12.1 Europe Summary
- 12.2 Market Attractive Index
- 12.3 Europe Cross-border Payments Market, by Channel (2019-2032)
- 12.4 Europe Cross-border Payments Market, by Enterprise Size (2019-2032)
- 12.5 Europe Cross-border Payments Market, by End User (2019-2032)
- 12.6 Europe Cross-border Payments Market, by Transaction Type (2019-2032)
- 12.7 Europe Cross-border Payments Market, by Country (2019-2032)
- 12.7.1 Germany
- 12.7.2 U.K.
- 12.7.3 France
- 12.7.4 Italy
- 12.7.5 Spain
- 12.7.6 Russia
- 12.7.7 The Netherlands
- 12.7.8 Belgium
- 12.7.9 Turkey
- 12.7.10 Rest of Europe
- SECTION 13 - ASIA-PACIFIC CROSS-BORDER PAYMENTS MARKET
- 13.1 Asia-Pacific Summary
- 13.2 Market Attractive Index
- 13.3 Asia-Pacific Cross-border Payments Market, by Channel (2019-2032)
- 13.4 Asia-Pacific Cross-border Payments Market, by Enterprise Size (2019-2032)
- 13.5 Asia-Pacific Cross-border Payments Market, by End User (2019-2032)
- 13.6 Asia-Pacific Cross-border Payments Market, by Transaction Type (2019-2032)
- 13.7 Asia-Pacific Cross-border Payments Market, by Country (2019-2032)
- 13.7.1 China
- 13.7.2 India
- 13.7.3 Japan
- 13.7.4 South Korea
- 13.7.5 Singapore
- 13.7.6 Malaysia
- 13.7.7 Australia
- 13.7.8 Thailand
- 13.7.9 Philippines
- 13.7.10 Rest of Asia-Pacific
- SECTION 14 - SOUTH AMERICA CROSS-BORDER PAYMENTS MARKET
- 14.1 South America Summary
- 14.2 Market Attractive Index
- 14.3 South America Cross-border Payments Market, by Channel (2019-2032)
- 14.4 South America Cross-border Payments Market, by Enterprise Size (2019-2032)
- 14.5 South America Cross-border Payments Market, by End User (2019-2032)
- 14.6 South America Cross-border Payments Market, by Transaction Type (2019-2032)
- 14.7 South America Cross-border Payments Market, by Country (2019-2032)
- 14.7.1 Brazil
- 14.7.2 Argentina
- 14.7.3 Chile
- 14.7.4 Colombia
- 14.7.5 Rest of South America
- SECTION 15 - MIDDLE EAST AND AFRICA CROSS-BORDER PAYMENTS MARKET
- 15.1 Middle East and Africa Summary
- 15.2 Market Attractive Index
- 15.3 Middle East and Africa Cross-border Payments Market, by Channel (2019-2032)
- 15.4 Middle East and Africa Cross-border Payments Market, by Enterprise Size (2019-2032)
- 15.5 Middle East and Africa Cross-border Payments Market, by End User (2019-2032)
- 15.6 Middle East and Africa Cross-border Payments Market, by Transaction Type (2019-2032)
- 15.7 Middle East and Africa Cross-border Payments Market, by Country (2019-2032)
- 15.7.1 Kingdom of Saudi Arabia
- 15.7.2 South Africa
- 15.7.3 U.A.E.
- 15.7.4 Egypt
- 15.7.5 Rest of Middle East and Africa
- SECTION 16 - COMPANY SHARE ANALYSIS
- 16.1 Global Cross-border Payments Market, Company Share Analysis
- 16.2 North America Cross-border Payments Market, Company Share Analysis
- 16.3 Europe Cross-border Payments Market, Company Share Analysis
- 16.4 Asia-Pacific Cross-border Payments Market, Company Share Analysis
- SECTION 17 - COMPANY PROFILES
- 17.1 Adyen N.V.
- 17.1.1 Company Snapshot
- 17.1.2 Financial Overview
- 17.1.3 Product Portfolio
- 17.1.4 Recent Developments
- 17.2 American Express Company
- 17.2.1 Company Snapshot
- 17.2.2 Financial Overview
- 17.2.3 Product Portfolio
- 17.2.4 Recent Developments
- 17.3 FIS
- 17.3.1 Company Snapshot
- 17.3.2 Financial Overview
- 17.3.3 Product Portfolio
- 17.3.4 Recent Developments
- 17.4 Payoneer Inc.
- 17.4.1 Company Snapshot
- 17.4.2 Financial Overview
- 17.4.3 Product Portfolio
- 17.4.4 Recent Developments
- 17.5 PayPal Holdings, Inc.
- 17.5.1 Company Snapshot
- 17.5.2 Financial Overview
- 17.5.3 Product Portfolio
- 17.5.4 Recent Developments
- 17.6 Square, Inc.
- 17.6.1 Company Snapshot
- 17.6.2 Financial Overview
- 17.6.3 Product Portfolio
- 17.6.4 Recent Developments
- 17.7 Stripe, Inc.
- 17.7.1 Company Snapshot
- 17.7.2 Financial Overview
- 17.7.3 Product Portfolio
- 17.7.4 Recent Developments
- 17.8 TransferMate
- 17.8.1 Company Snapshot
- 17.8.2 Financial Overview
- 17.8.3 Product Portfolio
- 17.8.4 Recent Developments
- 17.9 Visa Inc.
- 17.9.1 Company Snapshot
- 17.9.2 Financial Overview
- 17.9.3 Product Portfolio
- 17.9.4 Recent Developments
- 17.10 Western Union Holdings, Inc.
- 17.10.1 Company Snapshot
- 17.10.2 Financial Overview
- 17.10.3 Product Portfolio
- 17.10.4 Recent Developments
- SECTION 18 - RELATED REPORTS
- SECTION 19 - DISCLAIMER
RESEARCH METHODOLOGY
RESEARCH AND DATA COLLECTION
- Research articles published on Technium
- Science and MDPI
- Research publications by government approved associations and societies
DATA PRE-PROCESSING
The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.
MODELING AND FORECASTING
QUALITY ASSURANCE AND OUTPUT
Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.