AUC Background Details 1

Digital Remittance

Advanced Project
1 min readMar 14, 2023

Our digitalization money meets Blockchain. Now, payments can be made immediately with Peer to Peer between individuals without going through banks. AUC combines our FinTech services with blockchain technology and digital asset. Reshaping the future of finance, AUC thrives to provide more secure and powerful capabilities. Digital Remittance Market is expected to grow in the future. Rising smartphone penetration, coupled with the increasing number of digital-savvy customers opting for digital remittances is expected to drive the market over the forecast period. The rise in payment automation and digitalization is expected to create growth opportunities as well. Rapid growth in industrialization and urbanization is attracting the population towards the urban parts of the world. This movement is driving the need for cross-border transactions. Now financial institutions are opting for a transparent and data-driven ecosystem. In this line. digital remittance is anticipated to emerge as the preferred mode of remittance.

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