Index Launch: Remittances Play a Powerful Role in Consumers’ Financial Planning
Inaugural Global Money Transfer Index surveys 30,600 consumers in 20 countries across the Middle East, Africa and Asia Pacific; Index voices consumers’ international money transfer preferences for today and tomorrow as they navigate global headwinds.
As global populations navigate macroeconomic headwinds, consumers expect remittances to play an even stronger role in their current and future financial planning. According to Western Union’s inaugural Global Money Transfer Index (https://apo-opa.info/402bPIO) launched today, 64% of global money transfer consumers send and/or receive money once a month or more. Over the next 12 months, 75% expect these remittances to increase.
The Global Money Transfer Index asks consumers how, when and why they use international money transfer capabilities ...