Byline: Imane Charioui, Director of Francophone Africa & Middle East, WorldRemit DOUALA, Cameroon, 8 December, 2022,-/African Media Agency /- Over the recent years, remittances have continued to be a vital source of foreign income in many developing countries across Sub – Saharan Africa. Remittance inflows in the continent increased by 14.
With these factors in mind, remittance expert Imane Charioui, Director of Francophone Africa & Middle East WorldRemit, shares her top market trends for 2022 and beyond.As the preference for digital tools and services to conduct money transfers increases, digital remittances will continue to grow steadily throughout 2023.
To deliver the best and quickest customer experience, companies will continue to invest in enhancing their technologies. Hence, data exchange with financial institutions is more seamless, and the flow of remittances is uninterrupted.Money transfer services that work with API technology, which generates the confirmation that the receiving account or wallet is ready to receive the money, will be able to ensure transfers are completed almost in real-time.
Source: Entertainment Trends (entertainmenttrends.net)
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