Why People Have Misconceptions About Online Money Transfer Process as A Poverty Reduction Strategy for Many Developing Nations?

Sending money to Pakistan and worldwide over the internet can be perplexing. Fortunately, we’re here to help you out. It can be perplexing if you’ve never sent money online before and only use a bank account for money transfer. You input your details from your house, on your computer, or your […]

Myths VS Facts – Busting & Common Myths About Online Remittances

Expats send money to Nigeria to help the developing world alleviate poverty, encourage healthy livelihoods, and increase production. A rising number of Sub-Saharan Africa governments have initiated cash transfer initiatives aimed at low-income families over the last decade. Even though this remittance has helped local economies and many families, critics remain sceptical. […]

How Do You Define Pakistan Remittance Initiative? Complete Guide

In mid-2009, the State Bank of Pakistan (the central bank), the Ministry of Overseas Pakistanis, and the Ministry of Finance launched a joint program named the Pakistan Remittance Initiative (PRI) to establish a corporate structure in Pakistan for overseas sending money to Pakistan. This initiative was taken to achieve the goals […]