Remittances Gateway
Remittances to developing markets to hit USD 6.5 trillion in the 2015-2030 period Remittances to developing markets have proved to
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The blueprint of the global economy and trans-national trade works in a clear cut pattern, which we have been familiar
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Edward Joseph Karemera, 39, a resident of Buikwe district in central Uganda, has been running a fish trading business between
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Heavy inflows of remittances impair a country’s ability to conduct monetary policy Many developing and emerging market economies are modernizing
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Africa’s postal services regulator, UPU, has stressed on the need for member states to employ financial inclusion ensure that the
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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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A study of five countries in Sub-Saharan Africa reveals 63 per cent of respondents are unbanked, and 52 per cent use mobile money through agents.Twenty per cent of the population use mobile money services on a mobile phone, and half of these people are unbanked.
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