Cloud accounting software provider, Reckon, is partnering with Australian-listed global international payments company, OzForex, to allow its customers to make easier international payments.
With this figure rising to "4% of total international remittance by value", international remittances, including airtime top-ups via mobile phones, "will exceed $25 billion by 2018, up 67% from an estimated $15 billion in 2015".
The global user base for person-to-person (P2P) mobile money transfers will increase from 192.66 million users in 2014 - domestic and international - to 1.61 billion in 2019, according to global analyst firm Ovum.
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