International money transfers via mobile to exceed $10 billion by the end of the year

Friday, November 1, 2013

International remittances via mobile phones are expected to exceed $10 billion for the first time this year, according to Juniper Research. However, the research firm says that the cost and complexity of regulating cash transfer had led many service providers to focus exclusively on airtime topups.

Source: IntoMobile (link opens in a new window)

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mobile money, remittances