Electronic Remittance Advice (ERA) used in Cross-Border Payments
One of the hardest parts of running cross-border remittances is not moving the money, but it’s explaining how you do it. The common hurdles include: When a payment arrives, the recipient cannot see which invoice it clears. When a family transfer…
The Importance of End-to-End Payment Tracking for Inward Remittances
Statista states that global inward remittances are expected to reach $1.42tn by 2030! And global inward remittance flows have never been higher. As economies grow more connected and families more global, banks and remittance providers are handling…
Top Bank Remittance Challenges Your Customers Face and How to Fix Them
According to the World Bank (2024), global remittance flows reached $905 billion — a record high. Yet, while volumes grow, so do customer frustrations with bank-led remittances This shows that the global remittances are climbing every year. But so…
Best practices for making global payouts easy and seamless with a cross-border payment solution
Offering the best cross-border remittance services to your customers can be challenging. Especially when your competitors are implementing advanced technology to create a faster, more secure, and compliant cross-border payment experience. The good…
Why Remittance Businesses Should Embrace Alternative Payment Methods (APMs) for Global Remittance
Let’s face it—remittance has changed. The way people send and receive money across borders is evolving fast. The days of slow, expensive, and paperwork-heavy transfers are fading. And they should. Your customers are living in a digital-first world…
The Role of Agent Network Module in Remittance Services
The global remittance market is expected to reach $1588bn by 2033! So, you already know the international remittance industry is huge. In fact, it's moving billions of dollars every month. This helps families survive, businesses grow, and economies…
Why DigiPay.Guru is the best white-label money transfer software for your business
Cross-border money transfers should be simple, fast, and secure. But businesses often face high costs, compliance issues, and technical roadblocks. Building a solution from scratch? That’s a slow and expensive process. That’s where white-label money…
Why cross border fee in remittance matters for market competitiveness?
Sending money across borders has become a necessity for numerous people worldwide. So offering a robust international remittance platform can be a big advantage for you as a remittance business. However, cross-border fees can make or break your…
What Are Cross-Border Bill Payments: Meaning, Definition, Example
International remittances have long served as the engine of sending and receiving funds to/from the family or loved ones living abroad. With international migrations increasing for studies and work, cross-border payments have become a norm. Leana…
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