Market Research Report Trriple Money Transfer Volume in UAE,Banking Chann

Growing Employment Opportunities and Rising Business Activities will
Continue to Drive Remittance and Bill Payment Industry in UAE : Ken Research
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Infrastructure developmental activities being undertaken by the government
to increase job opportunities in the country.
Growing number of expatriates in UAE to augment growth in the
international outbound remittance market.
Rising business activities in the field of construction, real estate, information
technology and others are anticipated to stimulate growth in the market.
Increasing consumption of electricity, water, mobile phones and others are
expected to stimulate growth in the bill payments market. Growing mobile
wallet platform will lead to rise in penetration and user base with some initial
customer acquisition cost.