In recent years, Asia’s digital remittance market has experienced a significant and essential transformation. This shift has been driven by advancements in financial technology, increasing smartphone penetration, and the growing demand for faster, more affordable cross-border money transfers. As traditional banking systems face challenges in meeting the needs of a tech-savvy population, digital platforms have stepped in to offer seamless, user-friendly solutions.
With migration from Asia to the rest of the world on the rise, families across the region depend heavily on the steady inflow of funds from abroad.