How an effective and cost-efficient cross-border payment solution can elevate your business?
Cross-border payments are one of the fastest-growing markets in the digital payment and financial landscape. The global remittance for the year 2023 reached around $840 billion, speaking loud and clear about the growth pace. As the market trends in…
The role of Cross-border Payment System in boosting Financial inclusion
Money is running the world. But still using financial services is out of reach for many. Financial inclusion is important for decreasing poverty and driving economic growth. "But 2 billion adults globally still lack access to basic financial services…
How FinTech solutions are dominating cross-border money transfer services?
Sending money abroad doesn’t have to mean getting exploited on fees or waiting days for transfers. Thanks to financial technology (FinTech), cross-border money transfers are faster, cheaper, and more accessible than ever. According to BCC Research of…
The Future of Cross-border Remittance: Innovation and Emerging Trends
What if sending money abroad was as easy as sending a text? With just a few taps, you could securely transfer funds directly to your loved ones within minutes. This vision of seamless, low-cost cross-border remittance is closer to reality than you…
Demystifying Cross Border Remittance: A comprehensive guide for MTOs
In today's interconnected world, the movement of money across borders has become a vital aspect of global commerce. As businesses expand their horizons and individuals seek opportunities beyond their homeland, the need for a seamless and secure cross…
How modern international money transfer software can help MTOs and banks streamline their operations & reduce costs?
In today's interconnected world, the demand for efficient and cost-effective international money transfer services has reached unprecedented levels. With millions of people relying on these services to send funds across borders, money transfer…
How to overcome the challenges of cross-border digital payments
The number of global digital buyers is increasing continuously. Nowadays, people tend to spend more time looking for products online than before. By comparing different products or services, they select the best for them to make the purchases…
International Money Transfer Dominates the Digital Landscape
Remittances are monetary lifelines that allow certain overseas individuals to send money to their near and dear ones who live in their native country. Cross-border remittances flows are crucial to many families as well as countries. Traditionally…
Remittance in Africa: Market trends, regulations, challenges, and opportunities.
The cradle of human civilization – Africa is continuously showing economic development for the past few decades. Many nations have emerged as a shining beacon of progress in the African continent. It won’t be wrong to say that this prosperity and…