Banking the Underbanked: Making Money Movement More Inclusive

Welcome to Money Travels presented by Visa. In this episode, we're going to learn about remittances in different parts of the world. We are joined by Jairo Riveros, managing director for The Americas and global head of strategy at Paysend, a global fintech company, and Lucciana Alvarez Ruiz to discuss financial inclusion. For some of us it feels pretty seamless and easy to send and receive money, but for others, especially people who don't have a traditional bank account, it can feel impossible to exchange money across large distances. How is someone from a small town in Guatemala who is paid in the currency of another country supposed to send money back to their family if their loved ones don't have access to a bank? Often the solutions are costly, slow, and sometimes even dangerous if you have to physically carry cash for miles. But if you can access the internet from wherever you are, why can't you just move your money digitally?  We'll explore the differences between regions from Eastern Europe to Latin America and get a sense of the remittances landscape and how money movement can become more inclusive. Listen now. We hope you enjoy this fascinating new episode of Money Travels, brought to you by Visa.   Follow Us:Website https://www.visa.com/visadirectLinkedIn @Visa DirectPresented by Visahttps://usa.visa.com