Remittances through IRnet cost $10 for any amount less than $1,000, a substantial discount from Western Union, even though the remittance leader has been cutting prices lately. Credit unions only make a nominal amount on each transaction, DeFilippi said, and IRnet encourages credit union members to focus on the membership and cross-selling opportunities the remittance purchasers represent. "We view remittances primarily as an opportunity for credit union growth and to reach out to the underserved," DeFilippi said, "and not as much as a source of income directly for the credit union."

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