Remittances matter and have a significant impact on economies around the world. Despite global headwinds, remittances to low- and middle-income countries (LMICs) grew 5% in 2022 from the previous year. The World Bank Migration and Development Brief reports that this growth is sharply lower than the 10.2% increase seen in 2021; however, it still represents a substantial boost for recipient economies. Digital transactions contribute an estimated $148.08 billion to 2023 […]
International monetary transfers are contemplated to be a risky and time-consuming process, but the storyline with Crosspay is entirely different. Crosspay crosses out all your worries and makes a money transfer to India or any part of the world seamless and easier. Sending money directly to bank accounts in India from the UK using Crosspay can save you from the long queues, and high charges. Also, the risk of not […]
October 27, 2021
The Global pandemic has left a disturbing mark on the world economy. It served opportunities to some but became a nightmare for others, specifically businesses and the service sector. Many business enterprises surfaced their highest demand during this vulnerable period, while some saw signs of bankruptcy with their abrupt moves. The smarter were those who had already worked along with the changing market demand. The great leaders always quote: “Wait […]
October 6, 2021
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