Digital Remittance Market 2020 Recent Industry Developments and Growth Strategies Adopted by Top Key Players Worldwide and Assessment to 2025 | Ria Financial Services, PayPal/Xoom, TransferWise, WorldRemit, MoneyGram, Remitly

The global digital remittance market is anticipated to grow over the forecast period owing to the rising need for secure, safer, and faster cross-border monetary transactions. The increasing smartphone penetration, the rising number of digital-savvy customers opting for remittances, and the growing number of economic migrants migrating from developing economies to developed economies in search of better opportunities are also expected to contribute to the growth of the market.

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Digital remittance is expected to emerge as the most preferred mode of remittance as financial institutions opt for transparency, a richer and data-driven ecosystem, and an efficient network of partners. The digital remittance market would continue to grow as service providers continue to expand the coverage of their internet networks, and more and more people, particularly in the developing economies, get access to banking and financial services. However, lack of awareness and proper guidance are expected to restrain the growth of the market.

Market competition by top manufacturers, with production,price, revenue (value) and market share for each manufacturer; the top playersincluding
I. Western Union (WU)
II. Ria Financial Services
III. PayPal/Xoom
IV. TransferWise
V. WorldRemit
VI. MoneyGram
VII. Remitly
VIII. Azimo
IX. TransferGo
X. InstaReM
XI. TNG Wallet
XII. Coins.ph
XIII. Toast
XIV. OrbitRemit
XV. Smiles/Digital Wallet Corporation
XVI. Avenues India Pvt Ltd
XVII. FlyRemit

Our-in depth analysis of the global Digital Remittance Market includes the following segments:

By Remittance Channel
a) Banks
b) Money Transfer Operators
c) Others

By End User
a) Migrant Labor Workforce
b) Low-income Households
c) Small Businesses
d) Others

Digital Remittance Market: Regional Analysis:

o North America : USA, Canada and Mexico etc.
o Asia-Pacific: China, Japan, Korea, India, and Southeast Asia
o The Middle East and Africa : Saudi Arabia, the UAE, Egypt, Turkey, Nigeria, and South Africa
o Europe : Germany, France, the UK, Russia, and Italy
o South America : Brazil, Argentina, Columbia, etc.

Global Digital Remittance Market Report includes Detailed TOC points:

1 Introduction

1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Digital Remittance Market

2 Market Segmentation
3 Market Overview

3.1 Rising Government Initiatives
3.2 Strategic Initiative By Market Players

4 Executive Summaries
5 Premium Insights
6 Regulatory Procedure
7 Global Digital Remittance Market, By Type
8 Global Digital Remittance Market, by disease type
9 Global Digital Remittance Market, By Deployment
10 Global Digital Remittance Market, By End User
11 Global Digital Remittance Market, By Distribution Channel
12 Global Digital Remittance Market, Company Landscape
13 Company Profile
13.1 Company Snapshot
13.2 Revenue Analysis
13.3 Company Share Analysis
13.4 Product Portfolio

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