Mobile Money-Enabled Remittances are a Lifeline for Families of Migrant Workers

Categories : Customer and Users of Digital Payments, International Remittances

Posted: January 8, 2021

Author: GSMA

In 2019, migrants across the globe sent over US$548 billion in remittances to their families in low and middle-income countries. Surpassing aid, and in almost all cases, Foreign Direct Investment, one half of these annual flows reach rural areas where they provide important support to household livelihoods.

In this case study, mobile money provider Valyou trialed and expanded an app-based international remittance service tailored to migrant workers from Pakistan and Bangladesh in Malaysia.

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