Latest Money Transfer and Remittance News

According to an analysis by MoneyTransfers.com, developing Asia’s economy is predicted to grow faster than China’s for the first time in 30 years at 5.3%. This is in contrast to China’s estimated 3.3% growth in 2022. MoneyTransfers CEO Jonathan Merry says: China’s growth has been slowed by sporadic Covid-19 outbreaks and renewed lockdowns. This has, […]

Soaring interest rates and high prices are making used cars unaffordable for a growing number of car buyers. CarMax, the biggest used car dealer in the US, reported on Thursday that earnings had dropped 54% and they sold 6.4% fewer cars this quarter compared to a year ago, CNN reported. According to the company, the […]

Wise share price surged to the highest level since January 19 of this year after the company published strong guidance. The stock rose to a high of 700p, which was about 145% above the lowest level this year, making it one of the best-performing companies in the UK. Wise defies gravity Wise, formerly known as […]

Across the globe, digital payments are rapidly catching up to the credit card giants that have held a monopoly over payment processes for years. In fact, according to MoneyTransfers.com, Apple Pay is already the second biggest payment provider in the world. MoneyTransfers.com has looked into data revealing that two digital payment providers; Apple Pay and […]

For lots of us, it is hard to imagine getting through a work day without caffeine. But are we making the most financially efficient choice when it comes to getting our daily dose? MoneyTransfers.com has analysed data from a range of caffeine products to discover exactly how much it costs to consume 100 milligrams of […]

In 2022 more people than ever are embracing the ability to work remotely from anywhere in the world. There are approximately 15.5 million digital nomads in the US alone – the global figure is thought to be upwards of 35 million. Earlier this year, Airbnb released their top 10 destinations for British nomads, featuring five […]