Digital Money Transfer and Remittance Market Size, Historical Growth, Analysis, Opportunities and Forecast To 2024

angel may

The MarketWatch News Department was not involved in the creation of this content. Jul 24, 2020 (Market Insight Reports) — Selbyville, Delaware This Global Digital Money Transfer and Remittance report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for […]

The MarketWatch News Department was not involved in the creation of this content.

Jul 24, 2020 (Market Insight Reports) —
Selbyville, Delaware This Global Digital Money Transfer and Remittance report studies the industry based on one or more segments covering key players, types, applications, products, technology, end-users, and regions for historical data as well as provides forecasts for next few years.

The report on global digital money transfer and remittance market is based on extensive primary research and consists of inputs from various companies, stakeholders and industry experts along with secondary research. The report entails geographical analysis of the market space which includes regions like APAC, North America, Europe, and Rest of the world and countries like China, US, UK, Germany and Canada.

Request sample copy of this Report: https://www.marketstudyreport.com/request-a-sample/2237733/?utm_source=Marketwatch.com&utm_medium=AN

As per the report, rapid urbanization, surging working population coupled with rising income, and extensive installation of POS systems across various industries such as healthcare, retail, restaurants, ecommerce, and transportation are augmenting the growth of global digital money transfer & remittance market. Also, government initiatives aimed towards digitalization and consumer preference for digital payments are contributing to the market growth. However, rising threat of cybercrimes and unhindered existence of cash will act as restraints for the industry outlook.

The report offers insights on growth factors while enlisting market size & shares and analyses the potential. It aims to guide the decision makers in investment evaluation. Furthermore, the report identifies the emerging trends, challenges, key drivers, and opportunities prevailing in global digital money transfer and remittance market. It also unveils entry strategies followed various companies across the globe.

Based on application spectrum, the market is segmented into consumer and enterprise. Speaking of type terrain, the market is divided into domestic and international.

Key players in global digital money transfer and remittance market are PayPal Inc., Western Union Co., MoneyGram International Inc., Ria Financial Co., and Avenues Payments India Pvt. Ltd. among others.

Question & Answer: Global digital money transfer and remittance market

Question 1: What factors are driving the growth of global digital money transfer & remittance market?

Answer: Rapid urbanization, surging working population coupled with rising income, and extensive installation of POS systems across various industries such as healthcare, retail, restaurants, ecommerce, and transportation are augmenting the growth of global digital money transfer and remittance market.

Question 2: Why is worldwide digital money transfer & remittance market recording restrained growth?

Answer: Rising threat of cybercrimes and unhindered existence of cash will act as restraints for the overall industry outlook.

Question 3: Which companies formulate the competitive terrain of global digital money transfer and remittance market?

Answer: PayPal Inc., Western Union Co., MoneyGram International Inc., Ria Financial Co., and Avenues Payments India Pvt. Ltd. are the major competitors in global digital money transfer & remittance industry.

Complete Report At: https://www.marketstudyreport.com/reports/global-digital-money-transfer-and-remittance-market-analysis-by-type-domestic-international-by-application-consumer-enterprise-sizing-growth-opportunities-and-forecast-2019-2024?utm_source=Marketwatch.com&utm_medium=AN

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:

Market Study Report LLC

4 North Main Street,

Selbyville, Delaware 19975

USA

Phone: 1-302-273-0910

US Toll Free: 1-866-764-2150

Email: [email protected]

Website: https://www.marketstudyreport.com

Blog: https://www.marketstudyreport.com/blog

This Press Release has been written with the intention of providing accurate market information which will enable our readers to make informed strategic investment decisions. If you notice any problem with this content, please feel free to reach us on [email protected]

COMTEX_368400235/2599/2020-07-24T02:23:27

Is there a problem with this press release? Contact the source provider Comtex at [email protected] You can also contact MarketWatch Customer Service via our Customer Center.

The MarketWatch News Department was not involved in the creation of this content.

Source Article

Next Post

Cleveland planning commission gives OK to new apartment buildings as vacancies increase downtown

CLEVELAND, Ohio — The Cleveland City Planning Commission on Friday approved several apartment projects, including a new 23-story building that would replace a downtown parking lot. The projects come as demand for higher-rent apartments in downtown Cleveland has started to soften along with the rest of the economy. However, developers […]