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Digital domestic money transfer transactions to exceed 300 billion in 2026

A study conducted by Juniper Research showed that the volume of digital domestic money transfer payments will exceed 300 billion globally for the first time in 2026, up nearly 50% from 207 billion in 2022. The research said that the key drivers are super-apps, where multiple services including payment and financial transaction processing are available in one app. Its research predicts the top three markets in terms of usage - China, the US, and India - will account for just under 74% of global digital domestic money transfer transactions in 2026. Research co-author Damla Sat explained that money transfer vendors should focus on highest growth markets to secure the best return on investment, with Latin America and West Europe identified as having the strongest forecast growth rates.

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