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Back to Basics: Payment Straight Through Processing and its Impact on Margins
According to a recent study, the number of cross-border payment transactions in the United States, Europe and Asia-Pacific will grow to a whopping 6,796 million by 2013 (up 177% from the year 2003). Over that same time period, the average revenue a payment processor will earn from each of those transactions will decrease by 22% (from about US$9.34 in 2003 to US$7.27 in 2013).For more information on related topics, visit the following channels:
