The value of domestic money transfers, including operator money and social media money services, will reach $520 billion in mobile transactions by 2018, up nearly 200% from an estimated $178 billion last year, according to a new study from Juniper Research.
Juniper Research forecasts that by 2018 the share of domestic money transfer services, by mobile transaction values are forecast to be: Domestic P2P: 45%; Cash-In: 21%; Cash-Out: 17%; Bulk Disbursement (G2P): 14%; and Domestic Airtime Top-Up: 2%.