ONLINE MONEY TRANSFER. DARE TO PUT AWAY THE SCARE!

Submitted by Payworld • March 28, 2020

The online money transfer business has witnessed a massive growth in the past decade globally. India’s domestic remittance market alone has grown consistently at a CAGR of 10.3% in the years 2008-2013, as declared by the NSSO – National Sample Survey Organisation. Both rural and urban areas in India have seen large scale transfers being sent on a regular basis with some rural household actually surviving on money transferred by domestic migrants.