Remittances

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International remittances Money transfer services

What a 7 percent transfer fee takes out of a family's food budget How M-Pesa turned airtime into a payment system Money transfer licences decide which agents can legally operate Why sending 200 dollars home costs more than sending 2000 Hawala still moves money across borders without a bank in sight Why the Philippines corridor costs less than the Mexico corridor Mobile wallets cut remittance costs in Kenya and broke the agent network Sending money home is the first expense cut when a migrant loses work Receiving remittances can disqualify a household from means-tested aid In many countries remittances outrun foreign aid and foreign investment Sending money home without losing a chunk to transfer fees

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