Search For "remittance"
Pakistan: Industries and trade associations stress boosting remittances am
Updated : 2 years, 2 months ago IST
Amid low foreign direct investment (FDI) and nominal export growth, the Pakistan Industrial and Traders Associations Front (PIAF) on Sunday said that foreign remittance flows are crucial to supporting the country's financial balance, Frontier Post reported.
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India tops global remittance charts at USD 125 billion in 2023: World Bank
Updated : 2 years, 2 months ago IST
According to the World Bank, the report highlights India's significant position as the top remittance recipient, drawing attention to the evolving dynamics in the remittance landscape.
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TerraPay and Small World Money Transfer announce strategic partnership to
Updated : 2 years, 3 months ago IST
Dakar [Senegal], November 30: TerraPay, a global cross-border payments network, is proud to announce a strategic partnership with Small World Money Transfer, a leading provider of cross-border money transfer services for consumers and businesses. In this ever-evolving cross-border payments l
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Instarem Relaunches Overseas Payments Services in India, Empowering Users
Updated : 2 years, 4 months ago IST
Mumbai (Maharashtra) [India], November 2: Instarem, a leader in cross-border payment solutions, introduces the return of its digital remittance services in India. This strategic re-entry into the Indian market aims to deliver an unparalleled remittance experience, with a primary focus on cat
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Airtel Money partners with TerraPay to offer mobile money services for Tan
Updated : 2 years, 4 months ago IST
Dar es Salaam [Tanzania], October 20: Airtel Money Tanzania in partnership with TerraPay, a cross-border payments network, has launched an international remittance service enabling Airtel Money customers in the United Arab Emirates (UAE) to make purchases at points of sale terminals using th
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India's NPCI sign agreement with UAE's Etihad Payments to provide cost-eff
Updated : 2 years, 5 months ago IST
This MoU will facilitate the users of both countries, which would be as seamless as a domestic transaction using a beneficiary identifier (mobile number / VPA).
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Pak: Remittances plunge 22 pc in July-August as expats use informal channe
Updated : 2 years, 6 months ago IST
Remittances in Pakistan decreased by 22 per cent in the first two months of the fiscal year, as expatriate workers chose unauthorised methods to send money home amid the widening gulf between official and unofficial currency rates, The News International reported.
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Expatriate Bangladeshis Gain Access to Seamless Cross-Border Money Transfe
Updated : 2 years, 6 months ago IST
Dhaka [Bangladesh], September 7: Expatriate Bangladeshis around the world can now experience the ease of sending money as Nagad Limited, a leading mobile financial service provider in Bangladesh, joins forces with TerraPay, a global payments network, to revolutionize the landscape of cross-b
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UAE: Abu Dhabi Islamic Bank enhances mobile app for international money tr
Updated : 2 years, 6 months ago IST
Abu Dhabi Islamic Bank (ADIB) has introduced enhanced international transfer features on its mobile app and internet banking. The improvements come as the bank reports a notable 20 per cent year-on-year increase in remittances during H1 2023
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CBUAE revokes licence of Dirham Exchange and registration of RMB Commercia
Updated : 2 years, 7 months ago IST
The administrative sanctions are the result of the examinations’ findings conducted by the CBUAE, revealing serious regulatory misconduct, including AML misconduct and collusion in evading CBUAE’s instructions to the exchange house not to engage in remittance transactions with certain countr
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TerraPay (Mobex) partners with Safaricom's M-PESA to facilitate seamless o
Updated : 2 years, 7 months ago IST
London [UK], July 19: TerraPay, a leading global payments infrastructure company announced its partnership with Safaricom, Kenya's leading telecommunications, IT and financial services provider. Together, both companies will usher in the benefits of financial inclusion by facilitating instan
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Pakistan lost USD 8.3 bn in remittances, exports in FY-2023
Updated : 2 years, 8 months ago IST
Pakistan incurred a huge USD 8.3 billion loss in remittances and exports during the previous fiscal year as the Pakistan Muslim League-Nawaz (PML-N)-led coalition government chose to appease the International Monetary Fund (IMF) for a USD 1.2 billion tranche, according to Dawn.
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