Published by Global Market Vision
Posted on September 21, 2021
5 min readLast updated: February 4, 2026
The digital money transfer market is set to grow by 2028, with key players like WorldRemit and MoneyGram leading the way.
Digital money transfer and remittances refer to sending money to another person with the help of digital platforms. These are the transparent and data-driven ecosystem for providing monetary transactions. Digital money transfer and remittances are the ideal platforms for companies to receive payments from customers and make payments to suppliers.
Global Market Vision, one of the leading market research firm has recently published a report. This report will provide data on the current and future trends of market, ongoing competition, key players share, market volume and value, etc. The key information covered in the report will help the existing as well as new entrants to get in-depth market knowledge and make appropriate business decisions for short term and long-term. The Digital Money Transfer Remittances market also explains qualitative aspects such as SWOT analysis, Current & Future Developments in the Industry and so on. Important factors such as key drivers, upcoming opportunities, challenges and advantages affecting the growth of Digital Money Transfer Remittances are also studied in this report.
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Digital Money Transfer Remittances Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, mergers & acquisitions along trending innovation and business policies are reviewed in the report. The report contains basic, secondary and advanced information pertaining to the Digital Money Transfer Remittances global status and trend, market size, share, growth, trends analysis, segment and forecasts from 2021-2028.
Some of the key players in the Global Digital Money Transfer Remittances Market are Company Coverage (Company Profile, Sales Revenue, Price, Gross Margin, Main Products, etc.):
Western Union (WU), Ria Financial Services, PayPal/Xoom, TransferWise, WorldRemit, MoneyGram, Remitly, Azimo, TransferGo, InstaReM, TNG Wallet, Coins.ph, Toast, OrbitRemit, Smiles/Digital Wallet Corporation, Avenues India Pvt Ltd, FlyRemit, WeChat Payment, Ant Financial/Alipay.
The research dives deep into the global share, size, and trends, as well as growth rate of the Digital Money Transfer Remittances Market to project its progress during the forecast period, i.e., 2021–2028. Most importantly, the report further identifies the past, present, and future trends that are expected to influence the development rate of the Digital Money Transfer Remittances Market. The research segments the market on the basis of product type, application, and region.
By Product Types:
Domestic Money Transfer,
International Money Transfer
By Applications / End-User:
Consumer,
Enterprise
Global Digital Money Transfer Remittances Market: By Region
North America
Europe
Asia Pacific
Latin America
The Middle East and Africa
The geographical analysis a part of the report provides data regarding the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, rising players, and major players within the region. The regional analysis is completed when considering the socio-economic factors and government rules of the countries within the regions.
The report can answer the following questions:
Key Questions Answered by the Report: –
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The article discusses the digital money transfer and remittances market, focusing on strategies and key players by 2028.
What are the key drivers of growth in the digital money transfer market?
Which regions are expected to see significant growth in digital remittances?
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