GFRID 2018 Official Report

Report
This report presents the highlights and key outcomes of the first country-led Global Forum on Remittances, Investment and Development, hosted

Study: Mobile international remittances expected to exceed $25B by 2018

A new study from Juniper Research has found that international remittances — including airtime top-ups — via mobile phone will exceed $25 billion by 2018, up 67 percent from an estimated $15 billion in 2015, according to a press release about the report.

The research found a significant upsurge in international remittance activity in the past two years with a number of cross-border mobile remittance services being deployed. For example, PayPal-owned Xoom announced in April 2016 that it will expand its services to 13 new recipient countries.

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