Digital Remittance Market Size Is Projected To Reach USD 60.05 Billion By 2030
San Francisco, 4 May 2022: The Report Digital Remittance Market Size, Share & Trends Analysis Report By Type (Inward, Outward), By Channel (Banks, Money Transfer Operators, Online Platforms), By End Use, By Region, And Segment Forecasts, 2022 - 2030 The global digital remittance market size is expected to reach USD 60.05 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 15.0% from 2022 to 2030. Developments in the digital space are rapidly changing the dynamics of the digital remittance industry. Digitization can bring several benefits, including improved efficiency, convenience, transparency, access, and reduced transfer prices. Evolving customer demands with respect to cross-border remittances are expected to accentuate the market growth over the forecast period. Digital money transfer services are witnessing increased acceptance among customers in low- and medium-income economies. Furthermore, increasing incomes a