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Digital payment giants in the online money transfers space reported record net transaction values in June. Visa and PayPal both saw over $300 billion in processed payments, indicating robust consumer confidence and cross-border commerce activity. However, if you do want to keep working with an advisor, Sethi said, “you want to pay a flat fee, never a percentage.” Standout benefits : There's no foreign exchange fee on your first transfer. The latest trading session saw online money transfers sector outperform major benchmarks, with PayPal, Mastercard, and MoneyGram all posting gains above 2%. This reflects ongoing optimism about the sector’s global scalability and operational leverage.
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