Market Research Reports - Ken Research International Migration In Russia | Page 2

internet usage, DTH connections and utility bills will continue to augment the bill payment
market.
Ken Research in its latest study, “Russia Remittance and Bill Payments Market by Inbound and
Outbound International Remittance, By Mode of Transfer (Cash or Electronic Transfers), By
Channel (Bank and Non-Bank) - Outlook to 2021” analyzed that the companies can encourage
their customers to use digital modes of transfers to reduce the float time. Both the remittance
and bill payment companies can focus on mobile transfers to withstand the competition in the
market. Moreover, the companies can offer door to door pickup, innovative discount schemes
and after transfer confirmation service which will aid in increasing their customer base.
The Russia Remittance Market is estimated to register a positive CAGR during 2017-2021.
Future growth in the migrant population, rising number of mobile phone and internet users are
expected to be key drivers of growth in the market.
The report provides information on the remittance channels, mode of transfer, type and
remittance corridors which dominates the market in terms of transaction volume. It also covers
the company profiles of the major players (i.e. KoronaPay, UniStream, Western Union and
MoneyGram), banks (Sberbank, VTB Bank, Gazprom Bank and Alfa Bank), major e-wallets (i.e.
Yandex, Webmoney, Paypal and Visa Qiwi) and Russian Post.
Key Topics Covered in the Report:
Russia Remittance and Bill Payments Market Overview and Genesis
Value Chain Analysis in Russia Remittance Market
Russia International Remittance Market Size
Russia International Remittance Market Segmentation
Future Outlook and Projections of Russia International Remittance Market
Russia Domestic Remittance Market Size
Russia Domestic Remittance Market Segmentation
Future Outlook and Projections of Russia Domestic Remittance Market
Russia Bill Payments Market Size
Russia Bill Payments Market Segmentation
Future Outlook and Projections of Russia Bill Payments Market