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When you decide to transfer money to friends, family or loved ones abroad, there are generally a few aspects that you first need to consider.
Whether you send money internationally on a regular basis or are just getting started, there are some common misconceptions about international money transfers that Paysend wants to help you clear up.
With a population of over 1.3 billion people, India is a thriving hub with a diverse workforce helping to power the global economy.
There are about 2.7 million Indian immigrants currently living in the US, making up 1.2% of the country’s population. Many of these expats are still an important resource for their families living in India as they often send money home so that their loved ones can buy food, pay for the medical care they need and more.
The Mexican diaspora is one of the largest in the world. In the United States alone there are nearly 37 million Mexican Americans, and 13.5% of the US population speak Spanish at home!
With $30bn sent from the USA alone to Mexico per year - making this the largest money transfer corridor in the world - Mexicans living abroad need fast, simple and reliable money transfer services so that their recipients can receive the money as conveniently as possible.
We all have a responsibility to make a positive change. As our society continues to recuperate from hardships accelerated by the pandemic, people and communities around the world need more support than ever before.
We’ve made it a goal of ours to help uplift communities around the globe by enabling customers to connect and support loved ones and their communities through our easy-to-use and affordable digital money solutions. That’s why we were thrilled to see that several of our customers entered our WeConnect Sweepstakes for a chance to send their winnings to organizations making a difference in their home countries.
