In 2020, we’ve seen a surge in e-commerce as a result of Covid-19, shelter-in-place orders and local lockdowns. 

This trend certainly continued through Black Friday and Cyber Monday – in the US ecommerce sales rose 22% and 16% year on year (YoY) respectively according to Adobe Analytics. When it comes to cross-border e-commerce, this has seen some outsized gains across the world.

These jumps in cross-border e-commerce are good for card issuers and/or those merchants in a position to capture cross-border fees at the checkout. Our global pricing data for cross-border card payments shows that there is a significant margin available here that varies considerably depending on a consumer’s country and card programme. These charges can eclipse 10% in certain countries for certain transactions.

For more information about optimising cross-border card pricing, get in touch.

Discover how card pricing varies across countries and issuers.

Valentina Vitali

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Valentina is a former Research Analyst at FXC Intelligence, with a passion for the payments and fintech world. Being curious by nature, Valentina enjoys getting to the bottom of things and understand the true drivers of companies and the market. Before joining FXC Intelligence, Valentina completed a MSc in International Management at the University of Trento and worked in market research, focusing on payments.