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Harnessing Digitization for Remittances in Asia and the Pacific
Harnessing Digitization for Remittances in Asia and the Pacific
📖 Book - PDF

Harnessing Digitization for Remittances in Asia and the Pacific

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38 pages
language
English
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ePUB (mobile friendly) and PDF
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Available on iOS & Android
📖 Book - PDF

Harnessing Digitization for Remittances in Asia and the Pacific

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About This Book

Remittances are considered a lifeline of developing countries and are especially vital for migrants and their families. Digital data technology can help alleviate many of the "pain-points" in the remittances industry. For example, it can significantly enhance the convenience, speed, security, and affordability of sending and receiving remittances. This report discusses the importance of remittances in Asia and the Pacific, the key challenges faced by the industry, and the impacts of the coronavirus disease (COVID-19 pandemic. It also includes country case studies that demonstrate the benefits of digitization and makes recommendations on how the digitization of remittances across the region can be further advanced.

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Information

Publisher
Asian Development Bank
Year
2021
ISBN
9789292629632
Topic
Personal Development
Subtopic
Personal Finance

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