Breaking Borders

Despite progress in payment systems, the absence of a unified, cross-border Real-Time Payments (RTP) network means that intermediaries play a crucial role in facilitating connectivity. This report examines the ongoing complexities, challenges, and initiatives in creating a seamless payment landscape across Asia.

Published: Apr 2024

Report Description

In the complex world of global commerce, cross-border business-to-business (B2B) payments are crucial yet challenging for international trade. The rapid expansion of e-commerce and increased business interconnectivity highlight the inefficiencies of traditional payment systems. These systems are plagued by complexity, high costs, and slow processing times, all of which create significant friction in seamless global transactions. For companies aiming to exploit global growth opportunities, these obstacles are both clear and limiting.

Breaking Borders Report Details

  • Number of Pages: 23
  • Number of Tables & Charts: 5

Table of Contents

  • The Pain Points of Cross-Border B2B Payments
  • Asia Initiatives to Improve Cross-Border B2B Payments
  • The Current State of RTP in Asia
  • The Cross-Border B2B RTP Opportunity
  • The Important Role of Intermediaries
  • Conclusion