The Evolution of Cross-Border Payments and Remittances: Integrating QR Codes, Blockchain, and AI

Abstract

Cross-border payments and remittances have undergone significant transformations driven by technological innovations such as QR codes, blockchain, and AI. This research paper delves into the historical context, current advancements, and future opportunities in international financial transactions. By examining the roles of these technologies, the paper highlights their potential to enhance the efficiency, security, and accessibility of cross-border payments and remittances, addressing long-standing challenges and paving the way for a more connected global financial system.