Payments News

Opinion

Corona Virus and the Money Transfer, Remittances and Cross-Border Payments Industry

“I guess everyone in the industry is asking themselves the same questions: How is the industry going to be impacted by the Coronavirus? Even if the industry was very resilient through the 2007-2008 financial crisis and the effects on the volume of operations were not as acute compared to other industries (and other financial sectors), we will probably see a decrease in volume of operations in most markets.”