International Payments Quotes

The dollar is currently the principal reserve currency in the world.

PayPal claims it can help merchants expand into international markets; its system makes it easier to do business with customers in multiple countries, for example, by handling tricky stuff like currency conversions automatically.

When I started the business, only banks operated at airports, only banks issued travellers' cheques, only banks issued international payments, only banks serviced their own branch networks.

PayPal, which was founded in 1998, may be the closest thing to a global currency that has ever been created. Based in San Jose, California, the company operates in 190 markets, sending and receiving payments in 24 currencies on behalf of 90 million active members.

Bitcoin is inherently international, and one of its great promises is it enables cross-border payments in a more efficient way.

With Indian migrants all over the world, money transfer is a big business in India.

I think it's going to end up a lot like the Internet. Some countries try to regulate the Internet - bitcoin will be very much like that. It will be legal, and there will be some countries with currency control.

The idea of cross-border payments is going to completely go away... Our vision is for there to be no distinction between international and domestic payments.