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What the rise in cross-border money transfer means for the economy

Published on June 14, 2017

The number of people doing cross-border transfers is progressively growing and this is due to a number of factors, including the political will to integrate the region, but also the role of financial services players, including the telecoms.

Telecommunications firms are playing a bigger role in facilitating cross-border transfers, thus revolutionalising cross-border trade and other activities and this is making significant contributions to the entire economy.

The mobile money innovation age has attracted the attention of a lot of telecoms. Today, different companies are trying to take advantage of the highest technology demands, and creating more affordable services and products. Read more. Source | New Times