Why Western Union Is Still King Of Remittances
Por um escritor misterioso
Last updated 12 junho 2024
P2P cross-border transfers - known as remittances - have long occupied a
critically important role in the modern movement of money in emerging markets.
The undisputed legacy champion in this field is Western Union, followed by a
number of smaller but similar players like MoneyGram & RIA. These players have
been celebrated for connecting diaspora populations with their home communities,
but they have also been vilified for the outsized fees they collect -
particularly along the transfer corridors
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