International mobile remittance

Hello kiddo! So, you know how sometimes, people who live in different countries want to send money to their relatives or friends who live far away? Sometimes, this can be really hard because they might not be able to go to a bank in person or it could take a really long time for the money to get there.

That is where international mobile remittances come in! It's like having a special piggy bank that allows you to send money really easily! All you need is a mobile phone and an app or website that lets you transfer money.

Here is how it works: let's say your uncle lives in another country and needs some money. Your mom can simply open up the app or website and type in how much money she wants to send and your uncle's information. Then, with the click of a button, the money is sent to your uncle's mobile phone! He can then use the money to pay for things he needs or withdraw it from a nearby ATM.

This type of remittance is great because it's really fast and easy. You don't even need to go to a bank to do it! Plus, the fees for sending money this way are often lower than if you were to use another method, like wire transfers.

So, that's international mobile remittance in a nutshell! It's like a special piggy bank that lets you send money to people far away really easily, as long as you have a mobile phone and an app or website!