Art Purveyors Expand Their Payment Palettes to Serve Customers Across Borders

Cross-Border Retail Payments Tracker® - October 2021

Auction houses and art galleries are ready to take their operations global and are going all-in to reach buyers online. In the “Cross-Border Retail Payments Tracker®,” a PYMNTS and Citcon collaboration, Artsy’s Dustyn Kim outlines the digital renaissance and how enabling mobile purchases and numerous payment options helps art dealers serve customers the world over.

Inside the October Tracker
  • An interview with Dustyn Kim, chief revenue officer of Artsy, on how the eCommerce marketplace has brought together brick-and-mortar art dealers and mobile-savvy consumers to create a booming cross-border art sales business
  • Recent headlines from the cross-border retail payments space, including why Cuba has joined El Salvador in adopting cryptocurrencies and how central bank digital currencies could make cross-border payments more efficient in the Pacific Rim
  • A Deep Dive examining how new digital payment methods worldwide have challenged cross-border retailers to localize payments and how leveraging the right payment gateways can help

 

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