Money Transfer Agency Market Booming Segments; Investors Seeking Growth | Wise, WorldRemit, OFX

February 07 22:21 2023
Money Transfer Agency Market Booming Segments; Investors Seeking Growth | Wise, WorldRemit, OFX
Money Transfer Agency Market
The latest released on Global Money Transfer Agency Market delivers comprehensive data ecosystem with 360 view of customer activities, segment-based analytics-and-data to drive opportunities of evolving Money Transfer Agency marketplace and future outlook to 2028

The latest released on Global Money Transfer Agency Market delivers comprehensive data ecosystem with 360  view of customer activities, segment-based analytics-and-data to drive opportunities of evolving Money Transfer Agency marketplace and future outlook to 2028. It includes integrated insights of surveys conducted with executives and experts from leading institutions across various countries. Some of the listed companies profiled in the report are Wise (United Kingdom), WorldRemit (United Kingdom), OFX (Australia), Payoneer (United States), Remitly, Inc. (United States), Skrill (United Kingdom), Xoom Corporation (United States), MoneyGram International Inc. (United States), Azimo (United Kingdom), Wells Fargo (United States), XE (Canada), Ria Money Transfer (United States).

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Scope of the Report of Money Transfer Agency Money Transfer Agency or the banks employ electronic funds transfer (EFT), to send money across the globe. Sending money to another country or making international payments has become so quick that it simply takes a few minutes. Data is exchanged instantly and money is transferred due to the internet. Money is securely exchanged over the internet using multiple levels of coding. The money transfer business is simple, straightforward, and safe. It is based on the age-old phenomena of money wiring. Money transfer businesses let overseas migrants send money back to their home nations. It is made up of several channels such as banks, money transfer providers, and mobile network distributors. This industry has become one of the fastest growing due to the combination of current technologies with traditional ideas. Furthermore, due to recent expansion in enterprises affiliated with consumers and individuals working overseas, money transfers have expanded dramatically.

The titled segments and sub-section of the market are illuminated below: by Type (Recurring Money Transfer, One-Time Money Transfer), Destination (International, Domestic), Mode (Banks, Money Transfer Operators, Online Platforms, Others), End User (Individual, Business, Others)

Market Trends: Emergence of Online Money Transfer Platforms Growth of Mobile Wallets

 

Opportunities: The Current Pandemic Creates Opportunity for Online Money Transfer Rising Opportunities in Emerging Economics

 

Market Drivers: Growing Cross-Border Transactions Decreasing Money Transfer Time and Remittance Cost Drives the Money Transfer Market

Latest Market Insights: In August 2020 WorldRemit had announced the acquisition of Sendwave. WorldRemit’s acquisition of Sendwave, which provides instant, no/low-fee, and fully digital payments from North America and Europe to East Africa, will address client needs for secure and fast digital transactions, particularly in light of today’s travel bans and economic instability.

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Money Transfer Agency Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Money Transfer Agency market

Chapter 2: Exclusive Summary – the basic information of the Money Transfer Agency Market.

Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Money Transfer Agency

Chapter 4: Presenting the Money Transfer Agency Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.

Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020

Chapter 6: Evaluating the leading manufacturers of the Money Transfer Agency market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile

Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)

Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, Money Transfer Agency Market is a valuable source of guidance for individuals and companies.

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