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Money Transfer Agencies - Global Strategic Business Report

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    Report

  • 182 Pages
  • July 2025
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 6106845
The global market for Money Transfer Agencies was estimated at US$23.6 Billion in 2024 and is projected to reach US$42.1 Billion by 2030, growing at a CAGR of 10.1% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Money Transfer Agencies market.

Global Money Transfer Agencies Market - Key Trends & Drivers Summarized

Why Are Money Transfer Agencies Remaining Relevant in a Digital Finance World?

Money transfer agencies continue to serve as vital channels for cross-border remittances and domestic fund transfers, especially for individuals without full access to banking services. They are widely used by migrant workers, small businesses, and individuals sending support to families in other countries. Despite the rise of digital wallets and fintech platforms, traditional and hybrid money transfer agencies remain important due to their physical presence, cash handling capabilities, and familiarity among underserved populations.

These agencies offer services that bridge the gap between digital finance and cash-dependent users. Many operate through extensive agent networks, allowing recipients to collect money in-person without needing a bank account. This is especially useful in rural areas or regions with low financial inclusion. Convenience, transaction speed, and availability of multiple currencies further strengthen their role in global remittance flows, which are a critical economic support for many developing nations.

How Are Services Evolving in Response to Market Needs?

Money transfer agencies are evolving to offer integrated digital and physical services. Many now provide app-based transfers, real-time tracking, and digital receipts, while still maintaining over-the-counter service points. Partnerships with fintech firms, mobile network operators, and banks have allowed them to expand their offerings to include mobile wallet top-ups, bill payments, and account-to-account transfers.

Agencies are also upgrading their platforms to comply with regulatory requirements and improve customer security. Identity verification, anti-money laundering (AML) protocols, and compliance monitoring are being digitized to ensure trust and transparency. Some agencies now enable biometric authentication, integration with national ID systems, and multilingual support to reach a wider user base. Fee transparency and exchange rate clarity have become key competitive factors as users seek more control over transaction costs.

Where Is Demand Growing and Who Are the Primary Users?

Demand is strong in migrant-heavy regions such as the Middle East, North America, and Europe, where foreign workers regularly send money to families in Asia, Africa, and Latin America. Rural and low-income populations in receiving countries rely heavily on money transfer agencies due to limited banking infrastructure. Humanitarian aid groups and NGOs also use these services to disburse funds in crisis-affected or remote areas.

Urban users in emerging economies are increasingly using agency-linked mobile platforms for domestic transfers, especially in places with fragmented digital payment ecosystems. Small traders, informal workers, and gig economy participants form a significant part of the user base. In countries with volatile banking systems or foreign exchange restrictions, these agencies provide a reliable and accessible alternative for fund movement and currency conversion.

What Factors Are Driving Growth In The Money Transfer Agencies Market?

Growth in the money transfer agencies market is driven by several factors including rising global remittance volumes, expanding migrant labor populations, and ongoing financial exclusion in many parts of the world. Increasing cross-border movement for work, education, and family support continues to fuel demand for accessible and affordable money transfer options. Hybrid business models that combine digital efficiency with physical access are helping agencies stay relevant in a fast-changing financial landscape.

Digital transformation within traditional agencies, along with broader internet and smartphone penetration, is helping modernize services without alienating cash-reliant customers. Regulatory support for financial inclusion and data security is encouraging innovation and expansion. As cross-border e-commerce and digital micro-payments grow, money transfer agencies are adapting to serve both individual and small business needs, reinforcing their role in global financial connectivity.

Scope Of Study:

The report analyzes the Money Transfer Agencies market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments: Service (Money Transfer Services, Currency Exchange Services)

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

  • Market Growth: Understand the significant growth trajectory of the Money Transfer Services segment, which is expected to reach US$25.8 Billion by 2030 with a CAGR of a 8.7%. The Currency Exchange Services segment is also set to grow at 12.6% CAGR over the analysis period.
  • Regional Analysis: Gain insights into the U.S. market, estimated at $6.4 Billion in 2024, and China, forecasted to grow at an impressive 13.5% CAGR to reach $8.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

  • Detailed Market Analysis: Access a thorough analysis of the Global Money Transfer Agencies Market, covering all major geographic regions and market segments.
  • Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
  • Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Money Transfer Agencies Market.
  • Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

  • How is the Global Money Transfer Agencies Market expected to evolve by 2030?
  • What are the main drivers and restraints affecting the market?
  • Which market segments will grow the most over the forecast period?
  • How will market shares for different regions and segments change by 2030?
  • Who are the leading players in the market, and what are their prospects?

Report Features:

  • Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
  • In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
  • Company Profiles: Coverage of players such as ACE Money Transfer, Azimo, BFC Group, CurrencyFair, Euronet Worldwide (Ria) and more.
  • Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 44 companies featured in this Money Transfer Agencies market report include:

  • ACE Money Transfer
  • Azimo
  • BFC Group
  • CurrencyFair
  • Euronet Worldwide (Ria)
  • Instarem (Nium)
  • MoneyGram International
  • MoneyCorp
  • Nium (Instarem platform)
  • OFX
  • Payoneer
  • Revolut
  • Remitly
  • Skrill (Paysafe)
  • Small World Financial Services
  • TransferGo
  • TransferMate
  • TransferGalaxy
  • Western Union
  • Wise (formerly TransferWise)
  • Xoom (PayPal service)
  • WorldRemit

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

  • Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
  • Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
  • Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
  • Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
  • Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
  • Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
  • Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Tariff Impact on Global Supply Chain Patterns
  • Money Transfer Agencies - Global Key Competitors Percentage Market Share in 2025 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2025 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Growth in Global Remittance Flows Propels Demand for Reliable and Accessible Money Transfer Services
  • Rising Migrant Workforce Population Strengthens Business Case for Cross-Border Payment Agencies
  • Expansion of Mobile-Based Money Transfer Platforms Drives Digitization Across Traditional Agencies
  • Demand for Fast, Low-Cost Transactions Spurs Adoption of Technology-Enabled Transfer Channels
  • Increasing Financial Inclusion Initiatives Boost Reach of Agencies in Underserved and Rural Areas
  • Integration of AI and Automation in Transaction Processing Enhances Efficiency and Reduces Errors
  • Growing Partnerships Between Money Transfer Operators and Local Retail Agents Expands Market Penetration
  • Demand from Gig Economy Workers for Rapid Payout Services Strengthens Use of Money Transfer Agencies
  • Rise of Cryptocurrency and Blockchain-Based Transfer Alternatives Creates Competitive Pressure
  • Digital Wallet Integration and API Connectivity Enable Seamless Multichannel Payment Options
  • Focus on Instant Transfers and Real-Time Settlement Drives Technological Modernization
Emergence of Neo-Banks and Fintech Competitors Spurs Innovation in Customer Service and UX
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Money Transfer Agencies Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
  • TABLE 2: World Recent Past, Current & Future Analysis for Money Transfer Agencies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 3: World Historic Review for Money Transfer Agencies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 4: World 16-Year Perspective for Money Transfer Agencies by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2025 & 2030
  • TABLE 5: World Recent Past, Current & Future Analysis for Money Transfer Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 6: World Historic Review for Money Transfer Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 7: World 16-Year Perspective for Money Transfer Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2025 & 2030
  • TABLE 8: World Recent Past, Current & Future Analysis for Currency Exchange Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 9: World Historic Review for Currency Exchange Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 10: World 16-Year Perspective for Currency Exchange Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2025 & 2030
III. MARKET ANALYSIS
UNITED STATES
  • Money Transfer Agencies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)
  • TABLE 11: USA Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 12: USA Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 13: USA 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
CANADA
  • TABLE 14: Canada Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 15: Canada Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 16: Canada 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
JAPAN
  • Money Transfer Agencies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)
  • TABLE 17: Japan Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 18: Japan Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 19: Japan 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
CHINA
  • Money Transfer Agencies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)
  • TABLE 20: China Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 21: China Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 22: China 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
EUROPE
  • Money Transfer Agencies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)
  • TABLE 23: Europe Recent Past, Current & Future Analysis for Money Transfer Agencies by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 24: Europe Historic Review for Money Transfer Agencies by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 25: Europe 16-Year Perspective for Money Transfer Agencies by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2014, 2025 & 2030
  • TABLE 26: Europe Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 27: Europe Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 28: Europe 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
FRANCE
  • Money Transfer Agencies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)
  • TABLE 29: France Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 30: France Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 31: France 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
GERMANY
  • Money Transfer Agencies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)
  • TABLE 32: Germany Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 33: Germany Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 34: Germany 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
ITALY
  • TABLE 35: Italy Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 36: Italy Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 37: Italy 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
UNITED KINGDOM
  • Money Transfer Agencies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)
  • TABLE 38: UK Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 39: UK Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 40: UK 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
SPAIN
  • TABLE 41: Spain Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 42: Spain Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 43: Spain 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
RUSSIA
  • TABLE 44: Russia Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 45: Russia Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 46: Russia 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
REST OF EUROPE
  • TABLE 47: Rest of Europe Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 48: Rest of Europe Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 49: Rest of Europe 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
ASIA-PACIFIC
  • Money Transfer Agencies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)
  • TABLE 50: Asia-Pacific Recent Past, Current & Future Analysis for Money Transfer Agencies by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 51: Asia-Pacific Historic Review for Money Transfer Agencies by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 52: Asia-Pacific 16-Year Perspective for Money Transfer Agencies by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2014, 2025 & 2030
  • TABLE 53: Asia-Pacific Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 54: Asia-Pacific Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 55: Asia-Pacific 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
AUSTRALIA
  • Money Transfer Agencies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2025 (E)
  • TABLE 56: Australia Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 57: Australia Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 58: Australia 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
INDIA
  • Money Transfer Agencies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2025 (E)
  • TABLE 59: India Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 60: India Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 61: India 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
SOUTH KOREA
  • TABLE 62: South Korea Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 63: South Korea Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 64: South Korea 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
REST OF ASIA-PACIFIC
  • TABLE 65: Rest of Asia-Pacific Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 66: Rest of Asia-Pacific Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 67: Rest of Asia-Pacific 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
LATIN AMERICA
  • Money Transfer Agencies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2025 (E)
  • TABLE 68: Latin America Recent Past, Current & Future Analysis for Money Transfer Agencies by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 69: Latin America Historic Review for Money Transfer Agencies by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 70: Latin America 16-Year Perspective for Money Transfer Agencies by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2014, 2025 & 2030
  • TABLE 71: Latin America Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 72: Latin America Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 73: Latin America 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
ARGENTINA
  • TABLE 74: Argentina Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 75: Argentina Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 76: Argentina 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
BRAZIL
  • TABLE 77: Brazil Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 78: Brazil Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 79: Brazil 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
MEXICO
  • TABLE 80: Mexico Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 81: Mexico Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 82: Mexico 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
REST OF LATIN AMERICA
  • TABLE 83: Rest of Latin America Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 84: Rest of Latin America Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 85: Rest of Latin America 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
MIDDLE EAST
  • Money Transfer Agencies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2025 (E)
  • TABLE 86: Middle East Recent Past, Current & Future Analysis for Money Transfer Agencies by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR
  • TABLE 87: Middle East Historic Review for Money Transfer Agencies by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 88: Middle East 16-Year Perspective for Money Transfer Agencies by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2014, 2025 & 2030
  • TABLE 89: Middle East Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 90: Middle East Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 91: Middle East 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
IRAN
  • TABLE 92: Iran Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 93: Iran Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 94: Iran 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
ISRAEL
  • TABLE 95: Israel Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 96: Israel Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 97: Israel 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
SAUDI ARABIA
  • TABLE 98: Saudi Arabia Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 99: Saudi Arabia Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 100: Saudi Arabia 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
UNITED ARAB EMIRATES
  • TABLE 101: UAE Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 102: UAE Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 103: UAE 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
REST OF MIDDLE EAST
  • TABLE 104: Rest of Middle East Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 105: Rest of Middle East Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 106: Rest of Middle East 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
AFRICA
  • Money Transfer Agencies Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2025 (E)
  • TABLE 107: Africa Recent Past, Current & Future Analysis for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR
  • TABLE 108: Africa Historic Review for Money Transfer Agencies by Service - Money Transfer Services and Currency Exchange Services Markets - Independent Analysis of Annual Sales in US$ Million for Years 2014 through 2023 and % CAGR
  • TABLE 109: Africa 16-Year Perspective for Money Transfer Agencies by Service - Percentage Breakdown of Value Sales for Money Transfer Services and Currency Exchange Services for the Years 2014, 2025 & 2030
IV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ACE Money Transfer
  • Azimo
  • BFC Group
  • CurrencyFair
  • Euronet Worldwide (Ria)
  • Instarem (Nium)
  • MoneyGram International
  • MoneyCorp
  • Nium (Instarem platform)
  • OFX
  • Payoneer
  • Revolut
  • Remitly
  • Skrill (Paysafe)
  • Small World Financial Services
  • TransferGo
  • TransferMate
  • TransferGalaxy
  • Western Union
  • Wise (formerly TransferWise)
  • Xoom (PayPal service)
  • WorldRemit

Table Information