A tighter race to deliver money in the provinces

[geovalin]

Hor Kimsay

 

When Srey Ka enlisted as a Wing agent in 2013, business was brisk, with several hundred customers visiting her small stall near Kabko Market each day to transfer money to their relatives in the provinces. Back then, Wing was the only game in town.

 

But in the last two years, at least five rival agent-based money transfer networks have entered the arena, some offering lower fees than Wing, and all competing for the same customers.

 

Their presence has cut into Srey Ka’s customer pool, she admits, with customer traffic down since those busy early days.

 

read more http://www.phnompenhpost.com/business/tighter-race-deliver-money

 

 

-- © Copyright Phenom Pen Post 08/11