The global remittance industry plays a vital role in supporting economic stability, financial inclusion, and cross-border connectivity. Remittances refer to money transfers made by individuals working abroad to their families or communities in their home countries. These transfers are essential sources of income for millions of households, particularly in developing regions where remittance inflows contribute significantly to daily expenses, education, healthcare, and small business investments. With increasing global migration, improved digital infrastructure, and rising adoption of mobile financial services, the remittance ecosystem continues to evolve rapidly.
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