Half of Businesses Overpay by Up to 20% on Cross-Border Payments as Fragmentation Drives ConsolidationPayDo analysis finds that one in two business clients arrives overpaying by as much as 20% on the total cost of moving money across borders, while two in three technology businesses joining the platform cite fragmentation rather than pricing as the primary reason for consolidating providers. Businesses operating across borders are carrying significant financial and operational costs as payment functions become spread across multiple providers, contracts and systems. The cost is distributed across several parts of the payment chain, which can make it difficult for businesses to calculate in full. This fragmentation also influences how technology businesses select their payment infrastructure. As cross-border payment operations become more complex, businesses are placing greater scrutiny on the total cost and operational burden of fragmented infrastructure.