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Reducing Remittance Costs: A Matter of Competition, Technology — and Post Offices

Reducing Remittance Costs: A Matter of Competition, Technology — and Post Offices

  Ten years ago, it was typical for 20 percent or more of the money a migrant worker sent to his or her family in a developing nation to be eaten up by transmission costs. Thanks to factors including increased competition and technological advances, that percentage has dropped steadily over the past decade, so that […]

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