According to this recent story on NPR, MasterCard and a group of wireless companies are developing a way to allow migrant workers to send money back home, using mobile phones.
By one estimate, U.S. workers sent $45 billion to their native countries in Latin America in 2006.
Other Unbanked Immigrants posts here
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Wednesday, February 21, 2007
Unbanked: Banking America's Undocumented Immigrants Redux
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