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Future of Remittance Industry, To go Online?

Ismail Ahmed at the SBS Studios in Sydney

Ismail Ahmed at the SBS Studios in Sydney Source: SBS Filipino

Australia was chosen to be the main office in the Asia-Pacific for the company World Remit in Britain, who pioneered in sending money overseas via computer or online in 2010. Image: Ismail Ahmed at the SBS Studios in Sydney (SBS FIlipino)


Ismail Ahmed says at present, more than ninety-five percent of remittances are being done offfline, but this is changing and going towards online.

 

The founder of the company, Ismail Ahmed, a Somali who studied in London, and worked for the United Nations, has visited Australia.

 

And in an interview, he said, that during the first time they provided service in Iceland, their first customer was a Filipino.

 


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