This growth opportunity also comes with the challenges, cost and risk of foreign exchange (FX). Corporate treasurers must choose the best payment provider to bridge the gap between front-end systems and legacy banking technology. This can enable netting of overall FX exposures, lower payment costs, and aggregate and make available trapped cash.
The 50 trillion cross-border payments opportunity
Cross-border e-commerce is booming. By 2027, the value of cross-border payments could hit $250 trillion.
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