Juniper Research: Digital Money Transfer Market: Huawei And Visa Revealed As Leaders In New Competitor Leaderboard

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Juniper Research's most recent study on payments markets reveals a significant increase in the value of digital money transfers and remittances. Projections suggest a 41% surge over the next four years, reaching $4.5 trillion in 2028. This growth is driven by the adoption of digital transfer solutions in developing regions and the rise of instant payments in developed markets like the EU.

Juniper Research's latest report, "Global Money Transfer & Remittances Market 2024-2028," delves deeper into this trend, emphasizing the role of digital platforms and instant payments. The report also introduces the Competitor Leaderboard, ranking the top 15 platforms based on criteria like solution completeness and geographical reach. The top five vendors for 2024 are Huawei, Visa, Mastercard, Comviva, and PayPal.

To stay competitive, vendors must focus on developing Payment-as-a-Service solutions with strong API offerings for seamless integration into various applications.

Read More - https://www.techdogs.com/tech-news/business-wire/juniper-research-digital-money-transfer-market-huawei-and-visa-revealed-as-leaders-in-new-competitor-leaderboard