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2. Remittances to India - Wikipedia

   en.wikipedia.org/wiki/Remittances_to_India

   Remittances to India are money transfers (called remittance) from non-resident Indians (NRIs) employed outside the country to family, friends or relatives residing in India. India is the world's top receiver of remittances, claiming more than 12% of the world's remittances in 2015. [1] [2] Remittances to India stood at US$110 billion in 2022 ...

3. Wise (company) - Wikipedia

   en.wikipedia.org/wiki/Wise_(company)

   Wise Business allows businesses to perform cross-border money transfers. Wise Platform is a platform allowing "banks and businesses to offer their customers fast, cheap and transparent ways to manage their money across borders". As of 2023, Wise partners with BlackRock for its interest bearing accounts. Funding

4. Unified Payments Interface - Wikipedia

   en.wikipedia.org/wiki/Unified_Payments_Interface

   Unified Payments Interface (UPI) Unified Payments Interface, commonly referred to as UPI, is an Indian instant payment system as well as protocol developed by the National Payments Corporation of India (NPCI) in 2016. The interface facilitates inter-bank peer-to-peer (P2P) and person-to-merchant (P2M) transactions.

5. Hawala - Wikipedia

   en.wikipedia.org/wiki/Hawala

   Hawala or hewala ( Arabic: حِوالة ḥawāla, meaning transfer or sometimes trust ), originating in India as havala ( Hindi: हवाला ), also known as havaleh in Persian, [1] and xawala or xawilaad [2] in Somali, is a popular and informal value transfer system based on the performance and honour of a huge network of money brokers ...

6. Remitly - Wikipedia

   en.wikipedia.org/wiki/Remitly

   Revenue. $653 million (2022) [2] Number of employees. 2,200 (2023) [3] Website. www.remitly.com. Remitly is an American online remittance service based in Seattle, United States that offers international money transfers to over 150 countries. It was founded in 2011 by Matthew Oppenheimer, Josh Hug, and Shivaas Gulati and became publicly traded ...

7. Immediate Payment Service - Wikipedia

   en.wikipedia.org/wiki/Immediate_Payment_Service

   Immediate Payment Service. Immediate Payment Service ( IMPS) is an instant payment inter-bank electronic funds transfer system in India. IMPS offers an inter-bank electronic fund transfer service through mobile phones. The service is available 24/7 throughout the year including bank holidays. National Electronic Funds Transfer (NEFT) was also ...