Cross-border payments between
six key markets expected to grow 200% by 2018.
With the global economy still
struggling, businesses and exporters can help increase their revenue by waking
up to cross-border sales opportunities as revealed by new PayPal and Nielsen
data released today.
The report titled 'Modern Spice
Routes: The Cultural Impact of Cross-Border Shopping' analyzes cross-border
online shopping and spending behavior in six major markets -- the United
States, the United Kingdom, Germany, Australia, mainland China and Brazil. It
maps for the first time the new spice routes -- those corridors of online trade
between consumers buying directly from merchants in different parts of the
world. The research report and video testimonials are available for download at
www.paypal.com/spiceroutes.
