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What Your Remittances Mean to Your Country 

Blog post New   |   November 24, 2022

A hidden engine of globalization is helping to drive the world’s economic growth, and it’s not what you think. It’s remittances! People (including yourself) are sending money back home to support family members and make a global difference. Remittances—money migrants send back to their families in developing countries—are the hidden engine of economic development in many countries.  In some cases, remittances have overtaken FDI, private capital flows and aid as […]

Business Finance

The Rainbow In Your Pocket!

  Travel is my family’s therapy. From the incomprehensible chills of Iceland to the sweltering summers of Dubai, we have experienced it all. Whilst Iceland may not possess beautiful beaches of pearl white sands and Dubai might not carry with it any jaw dropping crystalline glaciers, there is one thing every nation in the world has in common: Money.   Being the travel fanatics that we are, my father has formed […]

September 23, 2022
EasyWay-Crosspay..!

Business Finance

The Easy Way – Crosspay!

Exorbitant, strenuous and risky are the first words that come to mind when considering the long-winded process of transferring money overseas. From contacting banks directly, all the way to travelling to the recipient country to deliver funds, people like yourselves scour the web in search of a way to make it all easier. Today is your lucky day. In a socio-economic context, the word “remittance” refers to the money or […]

July 18, 2022

Finance

Different ways to send money abroad

Relocating overseas is a big choice, and one of the most common concerns we regularly get after moving abroad is how to manage money transfers. Choosing money transfer services is a major source of uncertainty and stress. Anything involving money implies second thoughts, which means being uninformed of the available finance providers or transferring money in the event of an emergency. When it comes to money transfers, however, there is […]

December 6, 2021

Finance

Digital finance: Present and future

Digital finance formulates financial services such as payments, money transfers, loans, and remittances at an affordable cost through mobile phones, the internet, or bank cards for all sectors, ranging from multinational financial institutions to basic household needs. It has evolved into the most dependable source for a fast-paced generation; It has evolved as a result of innovators and fintech. And financial inclusion is now considered a requirement in emerging and […]

November 29, 2021

Finance

The Impact of Digital Money Transfers on the World

Today, all methods, including financial, are built with the help of technology, as we are all aware. We have now been introduced to the realm of digital remittances, often known as digital money transfers. Digital remittance has changed our demands for easier and more secure transfers compared to the use of traditional banking systems in the past. Digital remittances have a significant influence on the world. It has evolved into […]

November 26, 2021

Finance

Has COVID-19 made money laundering a bigger problem than ever before?

The United Nations (UN) has cautioned the world about how offenders exploited the COVID-19 crisis through immoral distributions of fake medicines, drugs, and vaccines in the market. According to the cases of arrests and investigations around Europe, a well-thought and well-planned fraud scheme using compromised emails, money transfer fraud, and various other cases of money laundering scams has been exposed by local financial authorities and institutions across Germany, Ireland, and […]

November 23, 2021

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