Analyst company Juniper is predicting that the amount of international remittances sent via mobile devices is set to boom over the next five years. Juniper expects the value of mobile remittances will reach $55 billion by 2016, up from less than $12 billion this year.
Juniper expects the value of mobile remittances will reach $55 billion by 2016, up from less than $12 billion this year.
The company sees growth coming from migrant worker communities in the Middle East and Africa, as well as the in the US/Mexico, but expects to see the largest volume of remittances to come from Western Europe by 2016
Article
Email
Related Mobile Financial News
