Here is a challenge. Try sending $6.42 across the world to another random person. There are three conditions to this challenge: (a). Do it in real-time (sub 5 seconds transfer) (b). Do it for a fraction of the cost, like 2% or 3% of $6.42, and (c). Send it to someone who does not use […]
In my previous article on Small Value Remittances, I highlighted the huge market potential of being able to make small value transfers, be it domestic or cross-border. No one truly knows the market size for small-value payments, for there isn’t a true data set to which we can compare.