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Cross-border payment platforms expand features to draw users
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Firms are now aiming to strengthen their operations by expanding both their user base and the range of transactions users can make.
PHOTO ILLUSTRATION: PEXELS
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SINGAPORE – Firms that supply cross-border payment services are ramping up their product features in a bid to lure back the wealth of business that was lost when travel was upended by the pandemic.
The sector had been on a dream run before Covid-19 hit, racking up meteoric growth in its remittance and currency conversion offerings.
