December 2, 2014
Payment companies are trying to disrupt the $500+ billion a year money transfer industry used to send money home to families, especially in emerging markets. International remittance has been dominated by companies like Western Union and MoneyGram. But new players and startups are trying to make the scenario competitive by offering different forms of money transfer services. With the advent of digital currency, companies are not holding back in adopting currencies like Bitcoin to enable remittance services. Here are 5 such companies:
The Hong-Kong based company announced its end-to-end cash remittance service la ...