全球跨境第三方收款服务市场快速增长，万里汇市占率第一

Core Insights - The global cross-border e-commerce market is expanding, with a steady increase in the share of goods trade, and China remains a dominant player in this sector [1] - The global cross-border payment market is transitioning into an era of real-time payments, stablecoins, and digital currencies, with significant growth in the market size [1] - The report by iResearch highlights the competitive landscape and development opportunities in the cross-border third-party payment service market [1] Market Growth - The global cross-border third-party payment service market is expected to grow from nearly $600 billion in 2024 to over $1 trillion by 2029 [2] - China's cross-border export third-party payment service market is projected to increase from $400 billion in 2024 to nearly $700 billion by 2029 [2] Competitive Advantages - Cross-border third-party payment service providers outperform traditional channels in operational experience, transaction speed, currency support, and value-added services [4] - The demand for flexible, efficient, and compliant cross-border payment services is increasing due to the diversification of trade entities and the complexity of overseas local settlement methods [4] Service Comparison - Traditional channels require cumbersome processes and have slower transaction speeds, while third-party payment service providers offer user-friendly online platforms with faster transaction times [6] - Third-party providers typically support a wider range of local currencies and offer various value-added services, resulting in lower overall costs and more transparent fee structures [6] Market Concentration - The market for cross-border third-party payment services is showing significant concentration, with leading firms expanding their competitive advantages through global service networks and enhanced regulatory capabilities [7] - WorldFirst holds the largest market share in China's cross-border third-party payment service market, exceeding the second-largest competitor by nearly 10% [8] Future Outlook - Cross-border payment service providers are crucial participants in the cross-border trade ecosystem, fostering deep connections with merchants and addressing their needs [10] - There is potential for these providers to empower cross-border businesses through vertical and horizontal expansion, offering services related to foreign exchange, tax, and fund management [10]