Campaign for Postal Banking
Sure Money: Ripe for Expansion
05/01/2017 - (This article first appeared in the May-June 2017 issue of The American Postal Worker magazine.)
The market for international remittances – sending money abroad – is rapidly expanding. Between 2010 and 2014, money transfers worldwide increased between three percent and 11 percent annually, according to the USPS Office of Inspector General (OIG). The United States ranks first worldwide for this service, with 22 percent of the global market.