Card-Based Remittances

The Center for Financial Services Innovation has published a new white paper titled "Card-Based Remittances; A Closer Look at Supply and Demand" (PDF) written by Manuel Orozco, Katy Jacob and Jennifer Tescher. From the executive summary: "This report presents the results of an analysis of the supply and demand for card-based transfers among migrants. We analyze a nationwide study of Latin American and Caribbean migrant remittance senders and their access and use of card products of all kinds. Coupled with extensive interviews with card-based remittance providers, this analysis allows us to investigate the relationship between the supply for card-based remittances and remittance senders’ demands for financial products."