Payment processing solutions from major US digital commerce platforms are maturing and capturing a greater share of their retail ecommerce sales. Here’s how five platforms are approaching the payment facilitator (payfac) model to catapult their growth.

The $11 trillion US payment card network is developing new strategies to turn threats from fintechs, homegrown networks, and rising regulatory scrutiny into growth opportunities.

Sberbank and others are looking to China’s state-backed UnionPay to combat Visa and Mastercard’s exit from Russia.

Mobile payments are near universal across use cases in China, thanks to high mobile penetration and the rise of a wallet duopoly that’s made them accessible, affordable, and convenient.

Letting sellers tap into UnionPay’s massive base—and Chinese interest in cross-border ecommerce—could boost volume and attract sellers who might want to switch providers.

Consumers in China, whether buying at retail outlets or street stalls, are using proximity mobile payments—largely supported by QR codes—and reducing their dependency on cash.