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Moneygram Reports Jump in Mobile Wallet Transfers

International remittance provider MoneyGram flagged a rapid increase in transactions made to mobile wallets during May, as lockdown measures due to the COVID-19 pandemic continued across several countries.


Pakistan: Jazzcash Taps Mastercard for Digital Payments

In a statement, JazzCash owner Veon, said in addition to an opportunity to widen access to digital payments, the partnership would improve financial inclusion during the COVID-19 pandemic.


World Bank Warns of Sharp Fall in Remittances

The World Bank projected global remittances to plunge almost 20 percent in 2020 due to issues related to the COVID-19.