As world economies buckle under the impact of the COVID-19 pandemic, WorldRemit International has said that despite the talk of declines in the remittance sector, it has seen 100 per cent increase in its digital money transfer services.

“While senders are sending less money per transaction, the number of transactions through our platform have increased since the onset of the coronavirus pandemic,” said Daniel Canning, managing director of WorldRemit in speaking with the Jamaica Observer last week.

He said that despite the massive spike in unemployment in countries that have been traditional sources of remittances to the Caribbean such as the United States, Canada, and the United Kingdom (UK), remittance flows thus far have proven to be resilient.

http://www.jamaicaobserver.com/business/Less_money,_more_transactions_for_WorldRemit_