Bank of America Targets Instant Cross-Border Payment Business
Bank of America is enhancing cross-border payment efficiency by connecting global real-time payment networks, focusing on servicing e-commerce platform suppliers and gig economy payment scenarios.
重要な事実は何ですか？
- 1Application scenarios: International remittances, gig payments, e-commerce platform supplier payments
- 2Connected networks: SPEI (Mexico), Faster Payments (UK), UPI (India)
- 3Growth forecast: E-commerce payment flow projected to grow by 131%
何が起きたのですか？
Bank of America is working on instant cross-border payments, with application scenarios including international remittances, gig payments, and payments to e-commerce platform suppliers. The system will connect real-time payment networks like SPEI in Mexico, Faster Payments in the UK, and UPI in India. It is expected that by 2032, the enterprise-to-consumer payment flows of e-commerce platforms will grow by 131%.
越境ECセラーにとって何を意味しますか？
Enhanced efficiency in cross-border payments will further reduce sellers' capital turnover costs; sellers should monitor mainstream banks' latest service upgrades in cross-border settlements.