Consumer-initiated cross-border payments are to grow nearly ***** as fast as its B2B counterpart between 2024 and 2032, although remaining small in comparison. This is according to a market model that aims to capture the full size of worldwide international payments, focusing especially on the business side of things. The B2B cross-border payments market, so the source estimates, is to increase by ** percent with B2B e-commerce being one of the main drivers within this segment. The source described consumer cross-border payments as “a significantly smaller market”, but it did predict this particular market would grow by roughly ** percent in seven years. Wholesale includes payments performed by banks, investors, and hedge funds. Banks listed several reasons on why they wanted to modernize international transactions, most notably lower costs and reaching new markets. Cross-border payments a bigger market than remittances International transactions covering B2B, B2C, and documentary trade comprised about ** percent of the total cross-border payments market in Europe, the Middle East, and Africa in 2022. This was for all three areas combined, with no separate figures being available. Remittances — the C2C segment — were worth around ** billion U.S. dollars that year for the region. Note this includes international business transactions, and does not exclusively cover C2C transactions alone. Commercial-based cross-border payments also outpaced consumer transactions in Asia-Pacific — the region with the highest value of cross-border transactions in the world. Several options to modernize international transactions A big theme for cross-border payments in 2023 is the question of how to help speed up processes and combat international payment system fragmentation. Central banks believed that CBDC held the most promise to make international payments more efficient. The potential of such digital variants of existing FX, such as the U.S. dollar or the euro, was regarded higher than other trends — such as linking real-time payment systems together, the use of stablecoins or the upcoming ISO 20022. Central banks do acknowledge potential legal issues or technical implementations. As this is still very much in testing, the uptake of CBDC worldwide was relatively low even in countries which had already launched such a virtual currency.

Global cross-border payments market is projected to grow from $176.5 billion in 2021 to $238.8 billion in 2027, at a CAGR of 5.3% during the forecast period.

Predictions are that B2B is to remain the main segment within cross-border payments, as transaction volumes are to increase by almost ** trillion U.S. dollars. Cross-border payments, as the name implies, refer to payments done across national borders. This can include, for example, consumers buying goods from foreign online retailers - qualifying these payments as B2C - but are especially important for banks or companies operating internationally. It is with this cross-country interoperability in mind that some countries are developing so-called CBDC, or Central Bank-Issued Digital Currencies. Examples of such coins, created and issued by a central bank, include the Sand Dollar in the Bahamas, Sweden's e-krona or the upcoming China's e-CNY - due to launch at the 2022 Winter Olympics in Beijing.

Cross-border Payments Market is estimated to reach USD 413.1 Billion By 2034, Riding on a Strong 7.60% CAGR throughout the forecast period.

Consumer-based transactions comprised about ** percent of the total cross-border payments market in Europe, the Middle East, and Africa in 2023. The source did not separate between the three regions, and also did not place them as the top markets. Asia-Pacific has the highest value of cross-border payments in total, although the United States-Mexico corridor is the biggest overall. The source adds that the highest global growth after 2022 is expected in C2B cross-border, due to increasing online shopping and international travel. Consumer categories, it continues, also have higher margins when compared to B2B.

The Cross-Border Payment Service market has emerged as a critical component in the increasingly interconnected global economy. As businesses expand their operations internationally, the need for seamless cross-border transactions has never been more essential. This service facilitates the transfer of money across di

Consumer-based cross-border payments in Asia-Pacific grew faster than commercial transactions in 2023, although the latter remained ********** as large. Asia-Pacific has the highest value of cross-border payments in total, although the United States-Mexico corridor is the biggest overall. The source adds that the highest global growth after 2022 is expected in C2B cross-border, due to increasing online shopping and international travel. Consumer categories, it continues, also have higher margins when compared to B2B.

The Third-Party Cross-Border Payments market has emerged as a vital component of global commerce, facilitating seamless monetary transactions between countries. This market is characterized by its ability to streamline the process of sending money across international borders, allowing businesses and individuals to

Estonia Payments: Vol: Payable: Cross Border: Large data was reported at 0.500 Unit th in Jun 2018. This records an increase from the previous number of 0.400 Unit th for May 2018. Estonia Payments: Vol: Payable: Cross Border: Large data is updated monthly, averaging 0.900 Unit th from Dec 1997 (Median) to Jun 2018, with 247 observations. The data reached an all-time high of 4.800 Unit th in Dec 2003 and a record low of 0.300 Unit th in Apr 2017. Estonia Payments: Vol: Payable: Cross Border: Large data remains active status in CEIC and is reported by Bank of Estonia. The data is categorized under Global Database’s Estonia – Table EE.KA005: Payment Statistics: Value and Volume of Payments.

Hungary PCT: Cross Border: Payments: Volume data was reported at 24,793,307.000 Unit in Dec 2019. This records a decrease from the previous number of 24,834,873.000 Unit for Sep 2019. Hungary PCT: Cross Border: Payments: Volume data is updated quarterly, averaging 10,469,032.500 Unit from Mar 2014 (Median) to Dec 2019, with 24 observations. The data reached an all-time high of 24,834,873.000 Unit in Sep 2019 and a record low of 5,138,373.000 Unit in Mar 2014. Hungary PCT: Cross Border: Payments: Volume data remains active status in CEIC and is reported by National Bank of Hungary. The data is categorized under Global Database’s Hungary – Table HU.KA012: Payment Card Transactions. [COVID-19-IMPACT]

The Digital Cross-Border Payments market has emerged as a vital component of today's global economy, facilitating seamless transactions across international borders with ease and efficiency. As businesses strive to expand their reach into new markets, the demand for reliable, quick, and cost-effective digital paymen

Both commercial and consumer-based cross-border payment transactions in Latin America declined between 2022 and 2023, especially on the business side. The source does not explain why this is the case, although it should be noted that each year represents its own data model, meaning revisions made for 2023 might have led to lower results compared to the model used for 2022. The United States-Mexico payments corridor is regarded as the largest in the world. The source adds that the highest global growth after 2022 is expected in C2B cross-border, due to increasing online shopping and international travel. Consumer categories, it continues, also have higher margins when compared to B2B.

The Payments Industry Market Report Segmented Into Mode of Payment (Point of Sale, Online Sale), End-User Industry (Retail, , Healthcare, and More), Interaction Channel (Point-Of-Sale, E-commerce/M-commerce), Transaction Type (Person-To-Person (P2P), Consumer-To-Business (C2B) and More) and Geography. The Market Forecasts are Provided in Terms of Value (USD).

In the rapidly evolving landscape of global commerce, the B2C (Business-to-Consumer) and C2B (Consumer-to-Business) Cross-Border Payment Platform market is becoming increasingly vital for facilitating seamless transactions across international borders. As e-commerce continues to surge, consumers demand swift, secure

Estonia Payments: Value: Cross Border Paid In data was reported at 5,595.600 EUR mn in Oct 2018. This records an increase from the previous number of 4,657.600 EUR mn for Sep 2018. Estonia Payments: Value: Cross Border Paid In data is updated monthly, averaging 6,462.600 EUR mn from Dec 1997 (Median) to Oct 2018, with 251 observations. The data reached an all-time high of 34,661.500 EUR mn in Sep 2011 and a record low of 912.300 EUR mn in Jan 1999. Estonia Payments: Value: Cross Border Paid In data remains active status in CEIC and is reported by Bank of Estonia. The data is categorized under Global Database’s Estonia – Table EE.KA005: Payment Statistics: Value and Volume of Payments.

Estonia Payments: Vol: Payable: Cross Border data was reported at 4,096.500 Unit th in Jun 2018. This records an increase from the previous number of 3,905.500 Unit th for May 2018. Estonia Payments: Vol: Payable: Cross Border data is updated monthly, averaging 586.900 Unit th from Dec 1997 (Median) to Jun 2018, with 247 observations. The data reached an all-time high of 4,096.500 Unit th in Jun 2018 and a record low of 43.400 Unit th in Jul 1999. Estonia Payments: Vol: Payable: Cross Border data remains active status in CEIC and is reported by Bank of Estonia. The data is categorized under Global Database’s Estonia – Table EE.KA005: Payment Statistics: Value and Volume of Payments.

Commercial-based cross-border payments in North America grew at a higher rate than the consumer-led transactions in North America between 2022 and 2023. The source mentions the importance of the remittances from the United States to Latin America – with the United States-Mexico payments corridor being regarded as the largest in the world. Whether the figures shown here reflect is unclear, as the source does not clarify: Mexico is not mentioned, making it unclear whether the source put the country under North America or Latin America. The source does add that the highest global growth after 2022 is expected in ****************, due to increasing online shopping and international travel. Consumer categories, it continues, also have higher margins when compared to B2B.

Global B2B payments platform market worth at $4.81 Billion in 2024, is expected to surpass $18.43 Billion by 2034, a CAGR of 14.38% from 2025 to 2034.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Remitly Global: Riding the Wave of Cross-Border Payments (RELY)

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

Cross-Border E-commerce Market size was valued at USD 1245 Billion in 2024 and is projected to reach USD 4574 Billion by 2032, growing at a CAGR of 18.7% from 2026 to 2032.

The cross-border e-commerce market is driven by the rapid globalization of trade and the increasing adoption of digital payment solutions that facilitate secure and seamless international transactions. Consumer demand for diverse and unique products, often unavailable locally, has propelled the growth of cross-border online shopping. Technological advancements in logistics and shipping, including improved last-mile delivery and real-time tracking, have reduced barriers associated with international trade. Additionally, supportive government policies and trade agreements have simplified customs procedures, while currency conversion tools and multilingual platforms have enhanced user experience. The widespread penetration of smartphones and internet connectivity, especially in emerging markets, has further expanded access to cross-border e-commerce platforms, fueling market growth.