Cross-Border Card Spending Accelerated by E-Commerce and Return to Travel
Monday, December 18, 2023
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Posted by: Sierra Lindemann
Rise in cross-border card spending accelerates amidst E-commerce surge and travel resurgence. New findings from RBR Data Services reveal a 23% spike in global cross-border spending, reaching 6% of total card volume in 2022. With international travel rebounding and online shopping at foreign retailers surging, this trend is reshaping payment dynamics.
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