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Why are remittance payments and cross-border money transfers surging?

By Puja Sharma

August 05, 2022

  • Cash
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A remittance is a payment of money that is transferred to another party. Generally, a part of an individual’s earnings via cash, check, money order, credit card, debit card, or debit instruction is received by e-mail, phone, or internet. It has been growing rapidly in the past few years and now represents the largest source of […]

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