El Salvador’s Chivo wallet processed $52M in remittances in 2022

El Salvador's Chivo wallet processed $52M in remittances in 2022

The El Salvador Central Reserve Bank reports that from January to May of this year, payment app Chivo has processed remittances from Salvadorans residing abroad totaling about $50 million. The $52 million in remittances that Chivo, a national digital wallet service , processed over the first five months of the year, was a significant finding. […]