Send Money to an Alipay Mobile Wallet in China
Whether you’re sending money to loved ones in China or transferring funds to yourself, you may have wondered: what is the easiest way to pay someone in Chinese yuan? Alipay is one of the world’s largest digital wallets, offering a seamless way for individuals abroad to connect with their family and friends in China through […]
November 26, 2024
Why Do International Wire Transfers Take Up to Two Weeks?
International wire transfers are electronic transfers of funds from one bank account to another across international borders. One of the most significant frustrations associated with international wire transfers is the time it takes for funds to reach their destination. Financial institutions often complete domestic transfers within minutes, but they may take up to two weeks […]
November 20, 2024
Credit Card, Debit, or Cash: Which is Best for Traveling?
Traveling brings the excitement of new experiences, cultures, and adventures. However, one crucial aspect that can significantly impact your experience is how you manage your money. Whether it’s the flexibility of a credit card, the directness of debit cards, or the universal reliability of cash, each payment method has unique advantages and disadvantages. Choosing between […]
November 14, 2024
The 5 Best US Banks for Migrants, Expats & Non-residents
Living in a new country takes a long adjustment period, which includes getting used to a different financial system. Sure, there may be many of the same products and services you can buy at home, but paying for them can be challenging without a trusted bank to help you manage your money. This is why […]
November 6, 2024
What is Financial Wellness and why is it important?
There are many parallels between financial wellness and sending remittances. For the 281 million migrants across the globe, supporting their loved ones from afar often means saving extra money to help their families achieve their collective goals, be they purchasing household essentials, providing better educational opportunities for younger relatives or setting up local businesses that […]
November 5, 2024
Moving to Puerto Rico: A Guide For Immigrants, Expats, and Digital Nomads
Moving to Puerto Rico could be an exciting decision for your future. Renowned for its beautiful tropical climate, cultural heritage, and tax incentives for U.S. citizens, getting established in Puerto Rico as an immigrant, expat, or digital nomad is a relatively simple process with a little foresight and planning. However, rushing into a move is […]
October 29, 2024
Why Are Currency Exchange Rates So Volatile?
Imagine planning a dream vacation abroad, only to find that the cost has skyrocketed overnight due to a sudden shift in the exchange rate. Or think about a multinational company that must navigate the turbulent waters of currency markets to protect its profits. These are just glimpses of how currency exchange rate volatility affects our […]
October 22, 2024
Empowering Global Growth: Optimizing Conversion with CRO and Marketing Technology Stack
Growth in the money transfer business is more than just a numbers game—it’s about building stronger connections and empowering communities. Much like Conversion Rate Optimization (CRO) enhances user experience and business results, in our industry we focus on refining every interaction to ensure that sending money worldwide is both easy and secure for customers. So, […]
October 16, 2024
How to Use a Digital Wallet for International Payments
Credit cards and debit cards have been commonplace since the 1960s, with the extra convenience and security making them the go-to option over lugging around too much cash. However, the next evolution in payment solutions is already well underway as digital wallets become increasingly accepted by consumers and businesses. Instead of searching through your wallet […]
October 14, 2024
Transforming Lives: The Power of Remittances in the Dominican Republic
Since 1492, the Dominican Republic has served as a melting pot in the New World, embracing and fostering immigration from its inception. The Dominican Republic, from its cuisine to its music, is known for its culture deeply shaped by Spanish, African, and indigenous roots, further enriched by European and Middle Eastern immigration, such as from […]
October 11, 2024
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