
TawiPay (www.tawipay.com) is a pilot money transfer project that started in 2015. Its main goal is to increase transparency in remittance channels. The Swiss State Secretariat for Economic Affairs (SECO) financed the establishment of the two remittance channels, Switzerland–Serbia and Switzerland–Bosnia. The project’s objective is to enable migrants/diaspora communities to reduce the cost of sending money to their home countries. This project will hopefully expand to further outbound remittances corridors from Switzerland, and become financially independent/self-sustaining, and thereby increasingly contribute to financial inclusion.
GFMD 2016 RT 1.2 "Connectivity and Migration"