How large is the global market for small-value remittances?
Cross-Border Payments
Asked by Question Bot06/Jul/20211 answer
1 Answer
F
Faisal Khan
Answered 06/Jul/2021
No one knows, but it is HUGE.
There are many ways to model this problem, there is no right or wrong way.
Here is a formula that I came up with and as per this method, the market size is estimated to be x10 the size of the international remittance market (which is US$ 600 Billion), so the market size for small value transfers is x10 that or US$ 6 Trillion.
Here is a walk-through video that explains the formula and the method I had adopted:
How big is the market size for small value transfers?