Announcing the top 30 cutting-edge cross-border payment firms expected to shine in 2023
The digital landscape is buzzing with excitement as a leading platform announces the launch of its annual market map for the Most Promising Cross-Border Payments Companies. This initiative aims to shine a spotlight on the innovative players making significant strides in the global payments sector.
To be considered, companies must primarily or largely focus on cross-border payments. They do not need to have raised outside funds, but they should have a reasonably or fully established customer base. Moreover, companies must demonstrate growth, which can be shown through increased product offerings, a rise in clients, or additional hires.
Companies that have only just started may find it challenging to secure a spot unless they are spin-outs from another established player in the industry.
The search results do not provide specific criteria for the "Most Promising Cross-Border Payments Companies" list to be announced on October 12, 2023. However, based on related industry information, typical criteria often considered include innovation in payment technologies, compliance with security and regulatory standards, automation and scalability of payment processing, partnerships and ecosystem integration, and customer experience enhancements.
For instance, companies like Nuvei focus on simplifying international payments with multiple methods, enhancing efficiency and global payment acceptance. Platforms such as Trolley emphasize robust compliance, broad currency support, and automation. Industry recognitions like those from FXC Intelligence consider sustained leadership and innovation in the cross-border payment space.
It is essential to note that the platform annually recognizes the top 100 companies in the cross-border payments space, and inclusion on the list is considered a definitive benchmark of the industry's biggest players.
For the exact official criteria for this specific October 2023 list, one may find announcements or reports directly from the awarding organization, which is currently not shown in the search results. Stay tuned for more updates as we await the unveiling of the Most Promising Cross-Border Payments Companies list!
[1] Nuvei: Simplifying International Payments (Source: Nuvei website) [2] FXC Intelligence Recognitions (Source: FXC Intelligence website) [3] Trolley: Emphasizing Compliance, Broad Currency Support, and Automation (Source: Trolley website)
- To be eligible for the Most Promising Cross-Border Payments Companies list, contenders should primarily focus on cross-border transactions, have a reasonably or fully established customer base, and demonstrate growth through various means such as innovation in payment technologies, robust compliance, automation, and scalability of payment processing, and customer experience enhancements.
- In the digital landscape, companies like Nuvei and Trolley, which emphasize simplified international payments, robust compliance, broad currency support, and automation respectively, are regarded as key players due to their contributions to the global payments sector.