Why the US Falls Short on Easy, Cheap Cross-Border Money Transfers
The U.S. lags behind other nations in providing easy, affordable cross-border money transfers, largely due to a combination of outdated infrastructure, complex regulations, and a banking system that isn’t designed to handle fast, low-cost international transactions. Here’s a breakdown of the key issues: 1. Outdated Payment Infrastructure The U.S. relies on a patchwork of older … Read more