Digital remittances average transaction value in the APAC region 2023, by country

Average transaction value of digital remittances in the Asia-Pacific region in 2023, by country

Show detailed source information?
Register for free
Already a member?
Log in

Use Ask Statista Research Service

Supplementary notes

Data provided by Statista Market Insights are estimates.


Digital Remittances refer to the electronic transfer of money from one person or entity to another, typically across international borders. The transfers are made via online platforms, mobile apps, and other digital channels that allow individuals to send and receive money quickly and securely. The target users of these services are usually migrant population. Remittances in general include periodic fund transfers between residents and non-residents and earnings transfer from short-time workers from other countries to their country of origin. Digital remittances are becoming more and more popular due to their convenience, cost-effectiveness, and speed when compared to traditional methods such as wire transfers. Additionally, digital remittances can also provide increased transparency and security, as well as the ability to track transactions in real-time.

Additional Information:

Key players in this are market Wise, Remitly and Xoom.

Citation formats
Use Statista now: unlimited access to all content

Statistics on " Digital payments in the Asia-Pacific region "

Other statistics that may interest you Digital payments in the Asia-Pacific region





Payment methods


Consumer behavior



Use Statista now: unlimited access to all content
Learn more about how Statista can support your business.