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Payments Integration Takes Center Stage for Cross-Border Commerce

  • Integration has been a dominant theme in payments and the service economy, with a focus on cross-border commerce.
  • Consumers seek simplicity and seamlessness in financial transactions, illustrated by examples like the Starbucks app.
  • Payment processors are expanding into value-added services and aiming to provide integrated experiences for clients.
  • Enhancements in security, fraud prevention, and money movement are key focus areas for processors to support global expansion.

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