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International remittance firms join the scramble in Asia

International remittance firms join the scramble in Asia

Western Union and MoneyGram International are looking for new revenue streams in Asia, in particular looking for ways to displace Asia’s informal money transfer channels, which continue to grow. The best known of these is Hawala, a system largely based on word of mouth and trust whereby a network of people transport money. It is [...]

The post International remittance firms join the scramble in Asia appeared first on Payments Cards & Mobile.

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