Annual B2B, B2C, C2B cross-border and remittances revenue in Asia-Pacific 2014-2022
Commercial-based cross-border payments in Asia-Pacific outpaced the consumer transactions between 2021 and 2022. Asia-Pacific has the highest value of cross-border payments in total, although the United States-Mexico corridor is the biggest overall. The source adds that the highest global growth after 2022 is expected in C2B cross-border, due to increasing online shopping and international travel. Consumer categories, it continues, also have higher margins when compared to B2B.