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?

https://www.youtube.com/watch?v=...