ReleaseWire

Digital Money Transfer Market Next Big Thing : Major Giants- Amdocs, eServGlobal, Mastercard

Posted: Friday, October 06, 2023 at 12:25 PM CDT

NJ New Jersey, USA -- (SBWire) -- 10/06/2023 --Latest Study on Industrial Growth of Global Digital Money Transfer Market 2023-2028. A detailed study accumulated to offer Latest insights about acute features of the Digital Money Transfer market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

Some of the key players profiled in the study are:
Amdocs (United States), eServGlobal (Australia), Huawei (China), Mastercard (United States), Axis Bank (India), PayPal (United States), Visa (United States), Interac (Canada).

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Scope of the Report of Digital Money Transfer
Digital money transfer refers to the electronic or online movement of funds from one individual, business, or entity to another using digital channels and platforms. This method of transferring money has gained widespread popularity due to its convenience, speed, and accessibility. Digital money transfer can occur through various means, including online banking services, mobile payment apps, and specialized digital remittance platforms. Users can initiate transactions, pay bills, or send money to recipients locally or internationally without the need for physical cash or traditional banking infrastructure. The process typically involves secure digital transactions and encrypted data to protect the financial information of users. Digital money transfer services often leverage technology to offer features such as instant transfers, real-time notifications, and user-friendly interfaces.

The titled segments and sub-section of the market are illuminated below:
by Type (Mobile Domestic Money Transfer, Online Domestic Money Transfer, Others), Application (Consumer, Enterprise), Medium (Mobile-to-Mobile transfer (M2M), Mobile-to-Bank transfer (M2B), Mobile-to-Cash transfer (M2C)), Service (Domestic Money Transfer, International Market Transfer), Transactions Type (Direct Deposits, Credit and Debit Card Transactions, Wire Transfers, Online Bill payments), End User (Banking, Finance, Investment Institution, Others)

Market Drivers:
Increasing Number of Digital Devices like Smart-Phones, Mobiles Etc
Growing Acceptance of Online Banking

Market Trends:
Rising Trend of application Like Google Pay in this Industry
Growing E-Commerce Application In P2P Technology

Opportunities:
Digital Money Transfers has many growth opportunities precisely in the developing countries which include China and India.

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 Digital Money Transfer Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Digital Money Transfer market
Chapter 2: Exclusive Summary – the basic information of the Digital Money Transfer Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Digital Money Transfer
Chapter 4: Presenting the Digital Money Transfer 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 Digital Money Transfer 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, Digital Money Transfer Market is a valuable source of guidance for individuals and companies.

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