The Evolution of Money Transfers: From Banks to BANKIT
In many parts of India, especially rural and semi-rural areas, sending money to family members who live far away is essential. Migrant workers, in particular, often need to send money back home to support their families. But how did we get to the point where transferring money is so quick and easy? Let’s take a look at how money transfers have evolved, from traditional banks to innovative solutions, and how BANKIT is contributing to the same with its DMT services.