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business El Financiero 2026-05-04

Digital Remittances Surpass Cash for US-to-Mexico Transfers

Digital remittance transfers have overtaken cash transactions for sending money from the US to Mexico, driven by fintech advancements, lower fees, and changing migrant habits. This digital shift is transforming the industry, with fintech and crypto firms vying for a significant share of the multi-billion dollar Latin American remittance market.

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