Frequent Flyers: The Microtisation of Remittances

Remittances span beyond overseas workers sending money back home. With more and more of our financial transactions going digital, people are remitting money to pay for overseas education, property, healthcare, or tourism. Dive deeper into global remittances, particularly in Asia Pacific, with Deepan Dagur, Vice President, Head of Visa Direct, Asia Pacific at Visa, and Aswin Phlaphongphanich, the Co-Founder and CEO of DeeMoney, Thailand's leading FinTech specializing in international money transfers.Visa Direct capability enabled through a financial institution partner.Visa Direct product availability and functionality varies by market.The views and opinions expressed in this podcast are those of the speakers and do not necessarily reflect the views or positions of any entities they represent.Visa neither makes any warranty or representation as to the completeness or accuracy of the information within this podcast, nor assumes any liability or responsibility that may result from reliance on such information and any information from third parties. The information contained in this podcast is not intended as investment or legal advice, and listeners are encouraged to seek the advice of a competent professional where such advice is required.All brand names, logos and/or trademarks are the property of their respective owners, and do not necessarily imply product endorsement or affiliation with Visa.Visa Direct product availability and functionality varies by market.Visa Direct’s actual fund availability depends on receiving financial institution and region.Use cases are for illustrative purposes only. Program providers are responsible for their programs and compliance with any applicable laws and regulations.The Visa controls described in this podcast are for Visa’s internal compliance purposes. Visa Direct clients and participants should always consult and seek approval from their internal compliance teams on sanctions screening controls and processes. Visa Direct clients and participants are solely responsible for their own compliance with applicable laws and regulations.This podcast contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995 that relate to, among other things, our future operations, prospects, developments, strategies, business growth and financial outlook. Forward-looking statements generally are identified by words such as "believes," "estimates," "expects," "intends," "may," "projects," “could," "should," "will," "continue" and other similar expressions. All statements other than statements of historical fact could be forward-looking statements, which speak only as of the date they are made, are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond our control and are difficult to predict. We describe risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, any of these forward-looking statements in our filings with the SEC. Except as required by law, we do not intend to update or revise any forward-looking statements as a result of new information, future events or otherwise.Migration and Development Brief 37 November 2022, International Bank for Reconstruction and Development/The World Bank, November 2022, knomad.org.“Reimagining travel: Thailand tourism after the COVID-19 pandemic,” McKinsey & Company, November 30 2021, mckinsey.com.Data collected as part of the Market Sizing research project conducted by Accenture, 2017.Data collected as part of the Market Sizing research project conducted by McKinsey, 2018.Copyright ©2020 “Profile of International Transactions in US. Residential Real Estate.” NATIONAL ASSOCIATION OF REALTORS®. All rights reserved. August 6, 2020, https://www.nar.realtor/sites/default/files/documents/2020-international-transactions-in-us-residential-real-estate-08-06-2020.pdf