Millions of people around the world rely on international remittances to support family members at home. As the world is impacted by the current COVID-19 pandemic, the ability to send and receive remittances the traditional way is severely hampered and carries unnecessary and unwanted risk.
On the sending side, remitters traditionally have to stand in lines at physical locations to initiate a transfer, increasing the risk of disease transmission via respiratory droplets and contact with shared surfaces. This is compounded by the burden of inconvenience and the expense of time lost in waiting to initiate a transaction. read more
2019 State of the Industry Report on Mobile Money
