Remittances are payments sent from one person to another, usually from one country to another. Remittances are non-commercial, so no goods are being traded.

Carrie Brandon Elliot reviews questions and action plans generated by the January 1 effective date of a 1 percent tax on remittances from the U.S. to foreign recipients.

DENVER--(BUSINESS WIRE)--Person-to-person ("P2P") international transfers, or remittances, sent by global citizens to their homelands represent the largest foreign economic support structure for ...

You hold your customers longer when you offer smooth transfers. A white-label solution gives your users an easy interface. Your customers track transfers in real time, and they enjoy transparent ...

The Asia-Pacific digital remittance market has experienced significant growth in recent years, driven by the increasing adoption of digital payment solutions, the rising number of expatriates, and the ...

Dublin, March 04, 2025 (GLOBE NEWSWIRE) -- The "Digital Remittance Market Size, Share & Trends Analysis Report, 2025-2030" has been added to ResearchAndMarkets.com's offering. The global digital ...

The average remittance payment currently comes with a fee of 6.24%. In the meanwhile, users are able to send each other Bitcoin for fees of 0.0029% or free on the lightning network. However, the ...

IN TAPACHULA, a furnace of a city in southern Mexico, people line up inside an air-conditioned branch of Banco Azteca to process their remittances. Last year Mexicans received an estimated $24 billion ...

Mexico is the second-largest recipient of remittances in the world, according to 2021 World Bank statistics. Remittances to the nation jumped to a record $5.3 billion in July, which is a 16.5% ...

WASHINGTON, April 21, 2017 – Remittances to developing countries fell for a second consecutive year in 2016, a trend not seen in three decades, says the latest edition of the Migration and Development ...

Local remittance providers say most customers are unlikely to feel the effects of the new US-based tax on money transfers, citing strong digital adoption by consumers and years of investment in ...