
According to Precedence Research (www.precedenceresearch.com):
The global digital remittance market size is calculated USD 29.12 billion in 2025, and is predicted to hit around USD 103.26 billion by 2034.
Why Expand Your Money Transfer Services?
The financial sector has undergone substantial evolution over the years, and the potential for further growth in digital remittance is immense. Digital remittances represent not just a new way of credit transfers or cash transfers, but also a hygienic alternative for instant cardless payments. For this reason, fintech companies, like IBS , create innovative products to facilitate people’s access to financial services through technology.
IBS Remittance Self Service Machines (SSM) offer the convenience of completing typical transactions such as sending money internationally, viewing balances, printing statements, opening accounts, transferring cash/credit, and paying bills. For instance, users can transfer money to family, friends, and any pre-registered overseas beneficiaries with only a few clicks! Users can also receive money and withdraw it instantly from any nearby Remittance Kiosk. Our smart Remittance iKiosks feature an integrated Remittance Calculator, enabling the calculation of inward/outward remittance transactions, including the applicable remittance fee. Additionally, users can get a summarized report of remittance transactions by simply accessing the Remittance Statement within their account and selecting the desired period.
Remittance Calculator
Remittance Statement
Conversion Calculator