I have decided to update the answer I had written below. A lot of people have asked me why PayPal isn’t operating in Pakistan especially after I wrote an Open Letter to David Marcus (President of PayPal), See: Open Letter to David Marcus, President of Paypal by Faisal Khan on Posts
Probably one of the best infographics we have ever seen regarding remittances. This is the work of designer Roxanna Torre on Visual.ly. Click on image to view the interactive graph or click here.
Read Quote of Faisal Khan’s answer to What exactly happens when a wire transfer is made? on Quora
Read Quote of Faisal Khan’s answer to Payments: How does the payments ecosystem work? on Quora