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#remittance — Public Fediverse posts

Live and recent posts from across the Fediverse tagged #remittance, aggregated by home.social.

  1. Cash Losing Its Crown in the World’s Biggest Money Corridor

    Photographer: Eva Marie Uzcategui/AFP/Getty Images (Bloomberg) — After Maura Fonseca moved to Houston from Mexico in 2011, she…
    #Economy #bankaccount #bankaccounts #bloomberg #business #digitaltransfers #FelixPago #Latinamerica #MauraFonseca #México #remittance
    europesays.com/2853141/

  2. The #war on #Iran endangers not just the people of the Gulf, but also tens of millions of people who rely on #income from the region.

    #India has over 9 million workers in the #PersianGulf, and #Pakistan nearly 5 million. Their remittances support four or five times that many people back home.

    aje.news/qwj6wx #remittance #labour #labor #IranWar

  3. Fintech companies have entered cross-border payments by building closed-loop networks that bypass parts of the traditional correspondent banking chain, offering faster speeds, lower costs, and greater transparency.

    #Fintech #CrossBorderPayments #Remittance

  4. 🇺🇸➡️🇮🇳 Best Way to Send Money to India from the USA
    Sending money to India doesn’t have to be slow or expensive 💸
    Choose services with low fees, real exchange rates, and fast delivery.
    khairpedia.com/2026/02/best-wa
    💡 Tip: Always compare transfer fees and FX rates before sending.

    #SendMoney #Remittance #KhairPedia #MoneyTransfer

  5. Sending money home from Canada? 🍁💸

    Every dollar counts. Make sure you are getting the best value for your CAD today. Aboki Dollar gives you the accurate, up-to-the-minute black market rates you need to maximize your transfer.

    Check today's CAD/NGN rate: abokidollar.com/current-canadi

    #CanadaToNigeria #Japa #Remittance #AbokiDollar #NairaRates #CADtoNaira

  6. Ngân hàng Nam A vừa ký kết hợp tác chiến lược với Trung tâm Cách mạng Công nghiệp lần thứ 4 tại TP.HCM trong giai đoạn 2025-2030. Mục tiêu nhằm kết nối và thu hút nguồn kiều hối đầu tư vào các lĩnh vực trọng điểm, đặc biệt chú trọng vào tài chính xanh.

    #TaiChinhXanh #GreenFinance #KieuHoi #Remittance #NamABank #HopTac #Vietnam

    vietnamnet.vn/nam-a-bank-hop-t

  7. Western Union has returned the money to my account.

    Still failing to transfer $AUD 500 to South Africa.

    This is ridiculous.
    Happy side: It is not an emergency. But it could be and the systems are garbage.
    #InternationalMoneyTransfer #Remittance #WesternUnion #InternationalBanking #WU

  8. Western Union has returned the money to my account.

    Still failing to transfer $AUD 500 to South Africa.

    This is ridiculous.
    Happy side: It is not an emergency. But it could be and the systems are garbage.
    #InternationalMoneyTransfer #Remittance #WesternUnion #InternationalBanking #WU

  9. Western Union has returned the money to my account.

    Still failing to transfer $AUD 500 to South Africa.

    This is ridiculous.
    Happy side: It is not an emergency. But it could be and the systems are garbage.
    #InternationalMoneyTransfer #Remittance #WesternUnion #InternationalBanking #WU

  10. Western Union has returned the money to my account.

    Still failing to transfer $AUD 500 to South Africa.

    This is ridiculous.
    Happy side: It is not an emergency. But it could be and the systems are garbage.
    #InternationalMoneyTransfer #Remittance #WesternUnion #InternationalBanking #WU

  11. Western Union has returned the money to my account.

    Still failing to transfer $AUD 500 to South Africa.

    This is ridiculous.
    Happy side: It is not an emergency. But it could be and the systems are garbage.
    #InternationalMoneyTransfer #Remittance #WesternUnion #InternationalBanking #WU

  12. Another post on my current issue with operating an #Etsy store in #Canada.

    I want to explain exactly what the issue is, and see if any #Canadian #sellers know how to deal with this problem.

    1. If you hit a certain sales threshold, Etsy demands you add your "taxpayer ID" to your account. This is your GST registration number, usually.

    2. Once you add this to your account, Etsy stops collecting all sales taxes on purchases in Canada *except* the provincial sales tax from B.C., Manitoba, and Saskatchewan. It doesn't add GST or HST to sales. They tell you to submit it yourself from the sale proceeds.

    3. Etsy provides no way to set #prices differently for different #provinces. Tax rates vary across Canada, from 5% GST in Alberta and the territories, to 15% HST in the maritime provinces.

    4. So you have to pick a price that will allow you to take ~15% off each sale to remit as #taxes without losing money on each sale - but this higher price will be higher than it needs to be for provinces with lower tax rates, and even worse will have PST added on top for 3 provinces, jacking the price up even higher.

    I ran into this over a year ago, and managed to convince them to take my GST ID off my account (they generally refuse to do this) so they collected the tax again, but they're now demanding I re-add it, which will trigger the above problem again.

    Any other Etsy sellers in Canada know how to deal with this problem? Boosts appreciated.

    #SalesTax #GST #HST #PST #remittance

  13. #TerraPay, a global #leader in cross-border #money movement, has formed a strategic #partnership with #Tenpay #Global, #Tencent’s cross-border #payment #platform. This collaboration will streamline international #remittance services by enabling direct #transfers to #Weixin #Pay users in #China. With China being one of the largest recipients of #remittances #globally, this move aligns TerraPay with the growing #digital payment #ecosystem in the country. cnbusinessforum.com/terrapay-a

  14. #TerraPay, a global #leader in cross-border #money movement, has formed a strategic #partnership with #Tenpay #Global, #Tencent’s cross-border #payment #platform. This collaboration will streamline international #remittance services by enabling direct #transfers to #Weixin #Pay users in #China. With China being one of the largest recipients of #remittances #globally, this move aligns TerraPay with the growing #digital payment #ecosystem in the country. cnbusinessforum.com/terrapay-a

  15. #TerraPay, a global #leader in cross-border #money movement, has formed a strategic #partnership with #Tenpay #Global, #Tencent’s cross-border #payment #platform. This collaboration will streamline international #remittance services by enabling direct #transfers to #Weixin #Pay users in #China. With China being one of the largest recipients of #remittances #globally, this move aligns TerraPay with the growing #digital payment #ecosystem in the country. cnbusinessforum.com/terrapay-a

  16. Thailand's oldest bank announces stablecoin remittance services - The Siam Commercial Bank Public Company, founded in 1907, was the first ... - cointelegraph.com/news/thailan #stablecoins.thailand #siamcommercialbank #remittance

  17. India received most #remittance revenues in 2023 but Tajikistan was most dependent on them. France was the 5th destination for remittances last year. #economy #economics #migrants #news
    news-cafe.eu/?go=news&n=13249

  18. Crypto Accounts for Less Than 2% of El Salvador’s Remittances – Has BTC Adoption Plan ‘Failed?’ - Crypto accounts for less than 2% of all of the remittances made to El Salvador, new gover... - cryptonews.com/news/crypto-acc #blockchainnews #elsalvador #remittance

  19. Don’t count on remittance
    kathmandupost.com/columns/2022

    "Recent data shows that 78.9 percent of the remittance received is spent on daily consumption, 7.1 percent on loan repayment, 4.5 percent on household property and 3.5 percent on education. Only 2.4 percent of the remittance is spent on capital formation."

    #nepal #economy #jobs #remittance

  20. Kenya’s Wapi Pay raises $2.2M pre-seed for cross-border payments between Africa and Asia - According to the World Bank, it is more expensive to send money to sub-Saharan Afr... - feedproxy.google.com/~r/Techcr #paymentsgateway #eastafrica #remittance #southasia #payments #wapipay #africa #asia #tc

  21. TransferWise’s debit card launches in Australia and New Zealand, with Singapore to follow - International money transfer startup TransferWise’s debit card is now available in Australia and New... more: feedproxy.google.com/~r/Techcr #moneytransfer #transferwise #newzealand #remittance #australia #singapore #startups #finance #tc

  22. Facebook is discontinuing P2P payments in Messenger in the UK and France on June 15 - Facebook is pulling away from its ambitions to provide peer-to-peer money transfers via Messenger i... more: feedproxy.google.com/~r/Techcr #p2ppayments #remittance #ecommerce #messenger #facebook #payments #social