The report provides statistics on market size, transaction volume and number of transactions in Philippines Domestic remittance, bill payment and international remittance along with market share analysis and competitive landscape on the industry
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Ken Research Latest report on Online Remittance Philippines which covers Online Remittance Philippines,Online Bill Payment Philippines,Migration in Philippines,Bill Payment mode Philippines,Personal Remittance Philippines Statistics,Philippines Remittance Statistics,Pawnshop business growth, OFW Remittance Statistics,Online bill payment services in the Philippines,Money Transfer Operator Remittance Philippines,International Remittance Philippines,Inbound remittance Philippines,Outbound remittance Philippines,
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The Philippines is among the top countries in the world when it comes to residents sending money back home since more than 10% of the country’s population live and work abroad. In fact, after the much larger countries of China and India, Philippines is the third country in the world in terms of remittances received. Overseas transfer of money is extremely commonplace among the Filipinos since so many of them do it on a regular basis and there are many companies both within and outside the Philippines that help the non-resident workers in a smooth money transfer to the Philippines. Let us try and understand the importance of the foreign currency remittance to the economy of Philippines and how it has helped in the dramatic economic growth story of the country.
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