Speed Remit : WHAT’S NEXT? TOP TRENDS SHAPING THE FUTURE OF REMITTANCES BY 2025!

Blockchain and cryptocurrency technologies will disrupt the remittances industry, faster, cheaper and more secure transactions. Although still in its early stages, blockchain-based remittances will gain momentum by 2025 as several best online remittance services are already exploring these technologies. Trend 4 - Increased Competition and Innovation The remittances industry is getting more competitive, new entrants are making their way into the market, and the current giants are innovating their services. By 2025 we can expect more competition and innovation with growing advancements in technology and changes in consumer demand to send money abroad quickly.