When times are hard: A dawn of hope in digital remittances

Overview

Over the last two and a half years, the rise in digital payments infrastructure has empowered individuals, communities, and economies across the world with unexpected resilience. Accelerated by the pandemic, the growing digital adoption is one of the key drivers of reduced remittance costs. Though subtle, the global shift from cash to digital is very real, rapidly changing the story of cross-border remittances. In this paper, we focus on the world’s most valuable sources of remittances to examine the impact of a shift from cash to cashless.

Download our paper to know how the rapid and widespread shift from cash to digital payments is rewriting the story of global remittances.

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