• Narrow screen resolution
  • Wide screen resolution
  • Auto width resolution
  • Increase font size
  • Decrease font size
  • Default font size
  • default color
  • red color
  • green color

LatinosNJ.com - New Jersey News, Local, National, International, Latin America, Caribbean

Thursday
Jan 08th
Home arrow News arrow Business arrow Three Firms Combine on Cellphone Remittances, Target Latinos
Three Firms Combine on Cellphone Remittances, Target Latinos PDF Print E-mail
Monday, 31 March 2008

By Cecilia Kang
Washington Post Staff Writer

Sending money back home? Just press "talk."

That's what Western Union, Radio Shack and the small wireless carrier Trumpet Mobile hope millions of Hispanic immigrants will do with a new service announced yesterday.

Though financial turmoil has put credit card, mortgage and auto markets at a standstill, the flow of money immigrants send overseas continues to increase.

In 2007, $65.5 billion in remittances were sent to Latin American and Caribbean nations, up 7 percent from the previous year, according to the Inter-American Development Bank.

READ MORE: http://www.washingtonpost.com/wp-dyn/content/article/2008/03/31/AR2008033102512.html





Reddit!Del.icio.us!Google!Live!Facebook!Slashdot!Netscape!Technorati!StumbleUpon!Newsvine!Furl!Yahoo!Ma.gnolia!Free social bookmarking plugins and extensions for Joomla! websites!
 
< Prev   Next >