In 2012, I answered a question on Quora, How will money transferring between countries look in five years? I did not edit or touch the answer in any manner for five years. Well, now that the 5 years are up and over with, let’s do a check on where I was right and where I was […]
Episode 7 – What factors are important to you when sending money abroad? When choosing a money transfer company, what are top things one looks for? Well, worry no more. Having interviewed over 1,700+ people, here are some findings.
Western Union Q2 Earnings Call 2017. Here are the summary points for the WU Q2 Earnings Call (2017), so that you don’t have to read all the report: Our digital business continue to excel with westernunion.com transactions increasing 25% Our Speedpay electronic bill payments business, however, again posted good result, delivering double-digit growth in the […]
How To Securely Send Money And Gifts To Overseas Family And Friends In the technological world of today, it’s easy to get carried over confident with what we can do. One thing that’s drastically improved over the last decade is how we transfer money and gifts to friends and loved ones; unfortunately, whilst there are […]
For the past couple of years, what started as a conversation to kill the boredom, has become a regularity. I now regularly converse with the taxi drivers or Careem captains whenever I am being shuttled from one place to another. I’ve always felt that these taxi drivers know a thing or two about how things […]
Global Money Transfer Report Whenever FT Partners puts out a report, you know it is worth the weight in paper! You want to print it and devour each word, each sentence, each number and each infographic. In early May (2017), FT Partners released the Global Money Transfer: Emerging Trends & Challenge report. The 185 page report […]
How to Start a Money Transfer Agency Money transfer agencies allow you to accept money from a client and transfer it to an institution or individual somewhere else in the world. They make money by accepting a fee or portion of the transferred amount as payment for the service. Money transfer agencies range from massive […]
While it isn’t illegal to send or transfer money to people in other countries, you can attract the attention of both the IRS and other legal entities if it appears that you are laundering money or hiding funds. It happens more often that you would imagine, and few people using international money transfers for unscrupulous […]