What data do you need to make a money transfer?
Mobile remittance apps have become an increasingly popular way to send money, but the service you use can significantly impact how much information a customer needs to provide. In the first in our Benchmarking mobile remittance apps series, we looked at what data was required by different providers – and there is significant variation.
There are six essential sender details that are required as a minimum by all six providers that we looked at in the report series, but additional information – as well as when it is requested in the process – varies, as does the user experience.
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Cristina is an Associate Product Manager at FXC Intelligence. She focuses on the key trends driving global payments such as the emergence of mobile money and mobile wallets the increasing use of dynamic pricing. Before joining FXC Intelligence, Cristina worked at a research consultancy. Cristina has a degree in Economics and Business from University College London.
