FROM CASH TO CODE: HOW TECHNOLOGY IS TRANSFORMING GLOBAL REMITTANCES?

Well, traditional method was meant to be a very long queue at the banks or money transfer outlets, where you would fill out forms and wait for your turn. It was both time-consuming and costly, eating into the amount being sent. But with top remittance companies, everything has changed. Today, this facility allows someone to instantly transfer money from his home to his family, using either his smartphone or computer. Online money transfer companies have gained popularity because of the ease of transferring money in just a few clicks by sending migrants and expatriates with a regular sending need back home.