Remittance Market By Product Type (Inward remittance and Outward Remittance), By Channel (Banks, Money Transfer Operator and Others), By Application (Consumption, Saving, Investment, Business and Personal) and By Region - Market Trends, Analysis, and Forecast till 2030

Report Code: PMI470721 | Publish Date: March 2024 | No. of Pages: 168

Global Remittance Market Companies

  • Societe Generals
  • Scotia Bank
  • Wells Fargo
  • XOOM/ Paypal
  • Western Union Holdings Inc.
  • Euronet Worldwide
  • MoneyGram International, Inc.
  • JPMorgan Chase & Co.
  • Citigroup Inc.
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Overview
  • Business Strategies

Recent News:

  • In April 2024, MoneyGram International, Inc., a global financial technology company that connects global networks, announced another partnership with Tencent Financial Technology, the fintech division of Tencent. This partnership allows customers to send assets through MoneyGram Online, MoneyGram's flagship direct-to-consumer website and app, directly to the recipient's Weixin Pay wallet, a digital payment and wallet service top number in China.
  •  In May 2021, PayPal launched its digital guide to foreign money transfers. PayPal, a global pioneer in digital payments, has developed an automated process for receiving monthly Foreign Remittance Remittance (FIRA) instructions. Now, PayPal resellers can download a bank-generated digital FIRA every month by logging into their account at no cost. The fully automated process will not require sellers to submit individual, manual requests, reducing the time needed to document office work. These initiatives are expected to inspire Indian MSME exporters to expand their businesses globally.