Market Research Reports - Ken Research Brazil International Money Transfer | Página 2

It is anticipated that international remittance in the country will increase at a good pace with
the economic growth and development of Brazil. The rising Brazilian immigrants in foreign
countries will result in increase in number of transactions from other countries to Brazil. Major
countries that dominate in terms of international remittance include United States, Japan,
Germany and others. As majority of the remittance comes from US, it is anticipated that new
policies will be introduced by the administration which might have a negative impact on the
foreign inward remittances. With majority of foreign workforce being in US, the dent in foreign
remittances will surely have a negative impact. Moreover, it is expected that growing
industrialization, entry of foreign players and growing working age population of the country
will drive market growth in upcoming years.
Number of immigrants in Brazil, total number of households in Brazil, number of Brazilian
immigrants worldwide and internet user population in Brazil are some other key factors that
may have positive impact on the market, according to the Analyst at Ken Research.
Ken Research in its latest study, Brazil Remittance Market by Inbound and Outbound
International Remittance, by Mode of Transfer (Electronic and Cash), by Channel (Bank and
Non-Bank), by Bill Payment Methods (Cash, Credit/Debit Card/E-Wallet and Electronic
Transfers), by Types of Payment (Grocery Bills, Utility Bills, Fuel Bills, DTH and Broadband Bills
and Mobile Recharge Bills) and by Regions – Outlook to 2022, suggests that demand for
remittance in the country will grow at a positive growth rate owing to growing youth
population and increasing prominence of online payments in the country.
Key Topics Covered in the Report
Money Transfer in Brazil
Brazil Remittance
Value Chain Analysis Brazil Remittance Market
Brazil Remittance Market Size
Brazil International Money Transfer Transactions
Major Players in Brazil Remittance Market
Money Transfer Companies in Brazil
Remittance Companies in Brazil
Major Money Transfer Operators Brazil