Remove Online Remove Regional Remove United States
article thumbnail

Today In Payments Around The World: US Halts Tariffs On French Products; China Considers More Stringent Online Oversight

PYMNTS

In today’s top payments news around the world, the United States is halting tariffs on French products, while the Cyberspace Administration of China is considering a revamp of internet oversight regulations. The United States is scrapping an effort to place tariffs on $1.3

Online 200
article thumbnail

Closing Latin America’s $350B SMB Trade-Finance Gap

PYMNTS

And in an interview with PYMNTS, Jacob Shoihet , co-founder and CEO of the online financing platform Marco Financial , said the problem is particularly acute for exporters. “In But, as Shoihet said, these firms account for roughly 50 percent of trade volume in the LATAM region. trillion globally, according to Shoihet.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Walmart Tests Store Without Cashiers As COVID-19 Accelerates Change

PYMNTS

The largest brick-and-mortar retailer in the United States is replacing its traditional, cashier-staffed checkouts with self-checkout registers at its store in Fayetteville, Ark., Whether cashiers go the way of the horse and buggy could hinge on an experiment Walmart is running in Arkansas. according to local news reports.

Arkansas 280
article thumbnail

MercadoLibre To Expand Electric Fleet After $1.1 Billion Bond Sale

PYMNTS

Chaves also said the company will earmark a percentage of the proceeds to accelerate financial inclusion in the region. Founded in 1999, based in Argentina and registered in the United States, MercadoLibre is an eCommerce platform and digital payment solution that operates across Latin America.

Regional 207
article thumbnail

MercadoLibre To Invest More Than $716M In Brazil

PYMNTS

Bloomberg reported that MercadoLibre, which is based in Argentina and registered in the United States, has seen its market value rise to $61 billion — driven in part by the shift to online shopping caused by the pandemic. So, in the region there is an inequality in terms of the acceptance and regulation of open banking.

article thumbnail

Pandemic Continues To Dull Allure Of Luxury Goods

PYMNTS

Despite some signs of improvement this month, LVMH , the world’s biggest luxury goods group, admitted that its brick-and-mortar sales were erased by lockdowns across Europe and the United States in recent months, and that an immediate turnaround was unlikely. “We Could the online surge help luxury goods? billion in 2019.

Branding 246
article thumbnail

Google Goes Global With Free Retail Ad Initiative

PYMNTS

30), the tech and search engine giant said it is expanding its free ad initiative to other regions around the world after a successful debut in the United States earlier this year. Shoppers will be able to find more products from more stores, just in time for peak shopping season across the region.”.

Google 197