The Lunar New Year, also known as the Spring Festival, is a time of joy, family reunions, and the celebration of new beginnings. As we usher in the Year of the Dragon, one traditional custom that has seamlessly transitioned into the digital age is the traditional practice of giving and receiving red envelopes, or “hongbao” in Chinese. 


What are Red Envelopes?

For centuries, red envelopes filled with money have been a symbol of good luck and prosperity in Chinese culture. It’s a gesture that signifies best wishes for the recipient’s well-being and success in the coming year. Traditionally exchanged during family gatherings and festive events, the red envelope tradition has evolved with the times. 

In the modern era, with families often spread across the globe, sending physical red envelopes can be a logistical challenge. Enter the convenience of digital red envelopes. Now, through innovative financial platforms like OTT Remit, you can seamlessly blend the richness of tradition with the efficiency of technology. 


How to Send a Digital Red Envelope?

OTT Remit not only enables you to transfer money to your loved ones securely but also allows you to attach digital red envelopes to your transactions. This feature preserves the sentiment of the gesture while overcoming geographical barriers, bringing families closer despite the miles that may separate them.

Whether you’re sending a heartfelt wish for good fortune or simply spreading joy with a festive design, the digital red envelope option enhances the emotional connection of your financial gift. May your digital greetings bring joy, prosperity and create cherished moments for you and your loved ones. Happy Lunar New Year! 🧧✨ 



Disclaimer: The views and opinions expressed by the authors in this publication are their own and do not necessarily reflect the views of OTT Remit, OTT Financial Inc., and the OTT Group of Companies. This publication is provided for general information purposes only and should not be considered as exhaustive or comprehensive in covering all aspects of the discussed topics. It is not intended to replace seeking advice from a specialist or professional.