May 2017

UAE Remittance and Bill Payments

Market Outlook to 2021
Rising Expatriate Population, Growing Business Activities and
Increasing Demand for Utilities to Foster Growth

PRODUCTS MENTIONED
International Money Transfer
Domestic Money Transfer
Bill Payment Services
Inbound Money Transfer
Outbound Money Transfer
COMPANIES
MENTIONED
UAE Exchange, Al Ansari Exchange, Al
Fardan Exchange, Sharaf Exchange,
Trriple, GCC Exchnage
 1. Executive Summary
Market Potential
Market Segmentation
Trends and Developments
Competitive Landscape
Future Analysis And Projections
2. UAE Remittance Market Genesis and Overview
Table of Content
Remittance Industry Led by Expatriates
Lack of Provision of Citizenship Triggering Remittance Outflow
Remittance Charges Positive Impact on Remittance Outflows
Impact of Remittance Outflows on UAE and Receiving Economies
Customers
Current Scenario
3. Value Chain Analysis in UAE Remittance and Bill Payments Market
International Remittance Market
Domestic Remittance Market
4. Comparison of Global Remittance and UAE Remittance Market
Global and UAE Remittance Market Outlook
Remittance Charges
US Remittance and UAE Remittance A comparison on Remittance Outflow
5. UAE International Remittance Market
5.1. UAE International Remittance Market Size, 2011-2016
5.2. UAE International Remittance Market Segmentation
5.2.1. By Banks and Exchange Houses, 2014-2016
5.2.2. By Major Flow Corridors, 2014-2016
5.2.3. By Mode of Transfer (Electronic, Cash or in kind account, money order), 2016
5.2.4. By Type of Services (Online and Direct Credit to Bank Accounts, Cash Pick Up
and Prepaid Cards), 2016
5.3. Favorable Options for the Customer to Make International Bank Transfers from UAE
5.4. Market Share in International Remittance Market, 2016
5.5. Future Outlook and Projections of UAE International Remittance Market, 2017-2021
6. UAE Domestic Money Transfer and Bill Payment Market
6.1. UAE Domestic Money Transfer Market Size, 2012-2016
6.1.1. By Transaction Volume, 2012-2016
6.2. UAE Domestic Money Transfer Market Segmentation
6.2.1. By Major Remittance Channel: Banks and non Banks, 2016
6.2.2. By Types of Services: Cash Pick Up, Online and Direct Credit to Banks and
Prepaid Cards, 2016
6.3. Future Outlook and Projections of UAE Domestic Remittance Market, 2017-2021
7. UAE Bill Payments Market
7.1. UAE Bill Payment Market Size, 2011-2016
7.2. UAE Bill Payments Market Segmentation
7.2.1. By Type of Bills: Electricity, Water, Mobile, DTH and Broadband, 2016
8. Future Outlook and Projections for UAE Bill Payments Market, 2017-2021
9. Government Regulations in UAE Remittance and Bill Payments Market
 10. Trends and Developments in UAE Remittance and Bill Payments Market
10.1. Current Trends
Proliferation of Digital modes of Money Transfers
Decreasing Remittance Charges
High Average Wage Rates
Currency Fluctuations in Migrant Countries
Expatriate Remittances Surge during Festive Season
Table of Content
10.2. Upcoming Trends
Rising Business and, Infrastructure Developmental Activities
Increasing number of foreign exchange and remittance company branches
11. Issues and Challenges in UAE Remittance and Bill Payments Market
Rate of Unbanked Population
Threat of Money Laundering Activities
Lack of Security and Knowledge
Stringent Banking Regulations
Falling Oil Prices
12. SWOT Analysis for UAE Remittance and Bill Payments Market
13. Competitive Landscape of Major Players in UAE Remittance Market
13.1. Competition Scenario
International Remittance Market
Cost of Remittance
Domestic Remittance Market
13.2. Company Profiles of Major Players in UAE Remittance and Bill Payments Market
13.2.1. UAE Exchange
13.2.2. Al Fardan Exchange
13.2.3. Al Ansari Exchange
13.2.4. Sharaf Exchange
13.2.5. GCC Exchange
13.2.6. Trriple
14. Analyst Recommendations
15. Macro Economic Factors for UAE Remittance and Bill Payments Market
15.1. Number of Banks Branches in UAE, 2011-2021
15.2. Population in UAE, 2011-2021
15.3. Consumer Expenditure in UAE, 2011-2021
15.4. Number of Debit and Credit Cards Issued in UAE, 2011-2021
16. Research Methodology
16.1. Market Definitions
16.2. Abbreviations
16.3. Market Size And Modeling
Approach Market Sizing
Market Sizing Domestic and International Remittance Market
Market Sizing Bill Payments Market
Variables (Dependent and Independent)
Multi Factor Based Sensitivity Model
Final Conclusion
Disclaimer
Contact Us
 Figure 1-1: Flow Chart for UAE Remittance and Bill Payments Market, 2016
Figure 3-1: Value Chain Analysis of UAE Remittance Market
Figure 4-1: Global Average Cost of Remittance in Percentage of the Remittance Transaction
Volume, 2012-2016
Figure 4-2: Global Remittance Market Size on the Basis of Transaction Volume in USD billion,
2011-2016
Figure 4-3: International Remittance Segmentation by Developing-Developing, Developing-
LIST OF FIGURES
Developed, Developed Developing and Developed-Developed Countries
Remittance on the Basis of Transaction Volume in Percentage, 2015
Figure 5-1: UAE International Remittance (Inflow and Outflow) Market Size on the Basis of
Transaction Volume in USD Billion, 2011-2016
Figure 5-2: UAE International Remittance Outflow and Inflow Growth Rate in Percentage (%),
2012 - 2016
Figure 5-3: UAE Remittance Market Segmentation by Banks and Exchange Houses on the
basis of Workers Remittance Outflow on the Basis of Transaction Volume in
Percentage (%), 2016
Figure 5-4: UAE International Remittance Market Segmentation by Major Flow Corridors on
the Basis of Workers Remittance Outflow on the Basis of Transaction Volume in
Percentage (%), 2016
Figure 5-5: UAE International Remittance Market Segmentation by Modes of Transfer
(Electronic Transfer, Money Order and Cash Account) on the basis of Workers
Remittance Outflow on the Basis of Transaction Volume in Percentage, 2016
Figure 5-6: UAE International Remittance Market Segmentation by Type of Services (Credit to
account and online, Cash Pick Up and Prepaid Cards) on the basis of Workers
Remittance Outflow on the Basis of Transaction Volume in Percentage, 2016
Figure 5-7: Future Outlook and Projections for UAE International Remittance Market on the
basis of Workers Remittance in USD Billion, 2017-2021
Figure 6-1: UAE Remittance Market Size by Domestic Remittance Transaction Volume in USD
Billion and Growth Rate in Percentage (%), 2012-2016
Figure 6-2: UAE Domestic Remittance Market Average Transaction Size in USD Thousands,
2011-2016
Figure 6-3: UAE Domestic Remittance Market Size on the Basis of Number of Remittance
Transactions in Thousands, 2012-2016
Figure 6-4: UAE Domestic Remittance Market Segmentation by Major Remittance Channel
(Banks and Non Banks) on the Basis of Transaction Volume in Percentage (%),
2016
Figure 6-5: UAE Domestic Market Segmentation by Type of Services (Online and Direct
Credit to Bank, Cash Pick up and Prepaid Cards) on the Basis of Transaction
Volume in Percentage (%), 2016
Figure 6-6: Future Outlook and Projections for UAE Domestic Remittance Market on the
Basis of Transaction Volume in USD Billion, 2017-2021
Figure 7-1: UAE Bill Payments Market Size on the Basis of Transaction Value in USD Billion,
2011-2016
Figure 7-2: UAE Bill Payments Market Segmentation by Type of Bills on the Basis of Transaction
Value in Percentage (%), 2016
 Figure 7-3: ARPU for Mobile Bills in UAE in AED, 2012-2015
Figure 7-4: ARPU for Internet Bills in UAE in AED, 2012-2015
Figure 8-1: Future Outlook and Projections for UAE Bill Payments Market on the Basis of
Transaction Value in USD Million, 2017-2021
Figure 10-1: Internet Users in UAE in Million, 2000-2016
Figure 10-2: Average Exchange Rate of Some Countries per AED, 2012-2016
Figure 15-1: Number of Banks Branches in UAE, 2011-2021
LIST OF FIGURES
Figure 15-2: Population in UAE in Number of Heads, 2011-2021
Figure 15-3: Consumer Expenditure in UAE in USD Million, 2011-2021
Figure 15-4: Number of Debit and Credit Cards Issued in UAE in Million, 2011-2021
 Table 3-1: 
Value chain Analysis: Major Parties and Process involved in UAE International
Remittance
Table 4-1: Top Ten Countries by Remittance Outflows in USD Billion, 2014
Table 4-2: Top Ten Remittance Recipient Countries in USD Billion, 2014
Table 4-3: Total Average Cost of Remittance by Regions of the World, 2012-2016
Table 4-4: 
International Remittance Segmentation by Developing-Developing, Developing-
Developed, Developed Developing and Developed-Developed Countries
Remittance on the Basis of Transaction Volume in USD billion, 2015
LIST OF TABLES

Table 4-5: Top Ten Corridors of Remittance in USD Billion, 2015

Table 4-6: US Remittance and UAE Remittance A Comparison
Table 4-7: Total cost of Remittances per USD 200 for Some Common Corridors of US and
UAE, 2016
Table 5-1: Rationale and Description for UAE International Remittance Market Size, 2011-2016
Table 5-2: UAE International Remittance Market Size by International Remittance Outflow and
Inflow in USD Billion, 2011-2016
Table 5-3: Rationale and Description for UAE International Remittance Market Segmentation
by Exchange Houses and Banks, 2014-2016
Table 5-4: UAE International Remittance Market Segmentation by Banks and Exchange Houses
on the Basis of Workers Remittance Outflow on the Basis of Transaction Volume in
USD billion, 2014-2016
Table 5-5: Number of Banks and Exchange House Branches in UAE by Emirate, 2014
Table 5-6: Rationale and Description for UAE International Remittance Market Segmentation
by Major Outbound Flow Corridors, 2014-2016
Table 5-7: UAE International Remittance Market Segmentation by Major Flow Corridors on the
basis of Workers Remittance Outflow on the Basis of Transaction Volume in USD
billion, 2014-2016
Table 5-8: UAE Population by Nationality in Number of Heads, 2016
Table 5-9: Rationale and Description for UAE International Remittance Market Segmentation
by Mode of Transfer (Electronic, Cash or in kind account and Money order), 2016
Table 5-10: UAE International Remittance Market Segmentation by Modes of Transfer on the
basis of Workers Remittance Outflow on the Basis of Transaction Volume in USD
Billion, 2016
Table 5-11: Rationale and Description for UAE International Remittance Market Segmentation
by Mode of Transfer, 2016
Table 5-12: UAE International Remittance Market Segmentation by Modes of Transfer on the
basis of Workers Remittance Outflow on the Basis of Transaction Volume in USD
Billion, 2016
Table 5-13: Favorable Options for the Customer to Make International Bank Transfer from UAE
Table 5-14: Major Players in UAE International Remittance Market
Table 5-15: Market share of Major Players in UAE International Remittance Market on the Basis
of Remittance Outflow on the Basis of Transaction Volume in Percentage (%), 2016
Table 5-16: Strategic Analysis for Exchange Houses and Banks in the Future
Table 5-17: Future Outlook for UAE International Remittance Market on the Basis of Workers
Remittance Inflow and Outflow, 2017-2021
 Table 6-1: Rationale and Description for UAE Domestic Remittance Market Size on the basis of
Transaction Volume, 2012-2016
Table 6-2: Rationale and Description for UAE Domestic Remittance Market Segmentation by
Major Remittance Channel (Banks and Non Banks), 2016
Table 6-3: 
UAE Domestic Remittance Market Segmentation by Major Remittance Channel
(Banks and Non Banks) on the Basis of Transaction Volume in USD Billion, 2016
Table 6-4: Rationale and Description for UAE Domestic Remittance Market Segmentation by
Type of Services, 2016
LIST OF TABLES

Table 6-5: UAE Domestic Market Segmentation by Type of Services (Online and Direct Credit
to Bank, Cash Pick up and Prepaid Cards) on the Basis of Transaction Volume in
USD Million, 2016
Table 6-6: Future Outlook for UAE Domestic Remittance Market on the Basis of Transaction
Volume, 2017-2021
Table 7-1: 
Rationale and Description for UAE Bill Payments Market Size on the Basis of
Transaction Value, 2011-2016
Table 7-2: Rationale and Description for UAE Bill Payments Market Segmentation by Type of
Bills, 2016
Table 7-3: UAE Bill Payments Market Segmentation by Type of Bills on the Basis of Transaction
Value in USD Million, 2016
Table 8-1: Future Outlook for UAE Bill Payments Market on the Basis of Transaction Value,
2017-2021
Table 9-1: Anti-Money laundering and Counter-Terrorist financing Regulations in UAE
Table 9-2: New Electronic Payment Regulations, UAE
Table 9-3: Regulations on Licensing of Exchange Houses UAE, 1986
Table 9-4: Regulations on Re-Licensing and Monitoring Exchange Houses, UAE, 2014
Table 10-1: Average Monthly Salaries of Various Job Categories in Dubai, UAE, in AED, 2016
Table 12-1: SWOT Analysis of Mexico Remittance and Bill Payments Market
Table 13-1: Cost Comparison of Remittance to India from UAE by Company (Per USD 200),
February 2017
Table 13-2: Total Cost of Remittance (Per USD 200) through UAE Exchange by Bank Transfer
and Cash Transfer, in USD, February 2017
Table 13-3: Total Cost of Remittance (Per USD 200) through Al Fardan Exchange by Bank
Transfer and Cash Transfer in USD, February 2017
Table 13-4: Al Ansari Exchange Charges for Bank Transfer, in AED, 2016
Table 13-5: GCC Exchange Charges for Bank Transfer per Transaction, in AED, 2016
Table 14-1: Analyst Recommendations for UAE Remittance and Bill Payments Market
Table 15-1: Rationale for Number of Bank Branches in UAE, 2011 - 2021
Table 15-2: Rationale for Population in UAE, 2011 - 2021
Table 15-3: Rationale for Consumer Expenditure in UAE, 2011 - 2021
Table 15-4: Rationale for Number of Debit and Credit Cards Issued in UAE, 2011 - 2021
Table 16-1: Correlation Matrix of UAE Remittance and Bill Payments Market
Table 16-2: Regression Coefficients Output for UAE Remittance and Bill Payments Market
8 UAE Remittance and Bill Payments Market

HOW UAE REMITTANCE AND BILL PAYMENTS MARKET IS

POSITIONED IN UAE?
UAE is well-known as a leading Though there had been a decline in the Publication Price:
cosmopolitan hub in the world with wide growth rate during 2014-2015 due to the
Single User:
range of job opportunities, due to which it falling oil prices, the domestic remittance
has been a major attraction for job seekers market have picked up soon due to rising USD 1,800
in other South Asian countries. Population business activities in the non-oil private Hard Copy:
of the country majorly constitute of sectors. The personal remittances are also
expatriates. Over the past decade UAE has rising year on year owing to the internal
USD 2,600
experienced a robust economic growth migration. Like all developing nations, Enterprise wide:
owing to a strong labor force, composed UAE also comprise of both developed
mainly of expatriates. The expatriates in USD 3,600
and non-developed emirates, which
the country are the major contributors Pages: 137
raises the rate of internal migration from
to the international remittance market
non-developed emirate to developed
in the country. On the grounds of this,
emirate in search of better job and living
the market has recorded an amplified
opportunities.
growth in the overall revenue from USD
~ Billion in 2011 to USD ~ Billion in During the review period 2011-2016, the
2016. International remittance market bill payments market has also displayed a
is dominated by the workers remittance tremendous growth owing to the increased Related Reports
outflow over the inflows. consumption of electricity, water, mobile
phones, internet and others. As to reduce India Bills Payment
Though, UAE is known for its international Market Outlook to
remittances, the domestic remittances are the rate of consumption, the government
2020 - Rising Internet
also huge in the country. It is dominated had increased the prices of electricity and
Penetration and
by the business to business remittances water in the emirates like Abu Dhabi and
Advent of Mobile
over personal remittances owing to the Dubai from 2015, augmenting the bill
Wallet to Shape
rising business activities. payments market. Future Growth
Figure: UAE Remittance and Bill Payments Market Size in Terms of Transaction Volume in
USD Billion, 2011-2016 
Philippines Domestic
and International
Money Transfer
Industry Outlook to
2019 - Driven by
Mobile Money and
Increase in OFWs


Philippines
Pawnshop Market
Outlook to 2020
- Convenience
with Pawning and
Remittance Services
to Stimulate
Growth

2011 2012 2013 2014 2015 2016

Licensed product of Ken Research; should not be copied

9 UAE Remittance and Bill Payments Market
WHICH CHANNEL OF REMITTANCE IS PREFFERED THE MOST?
UAE international and domestic remittance market
prefers different remittance channels.
International remittance market is dominated by the
exchange houses over banks. It accounted for a share
of ~% in terms of workers remittance outflow in 2016.
Major factor leading to the dominance of exchange
houses in the country is the high rate of unbanked
population. International remittance is led by the
expatriate population and the expatriates have bank
accounts in their home countries. They do not prefer to
open bank accounts in UAE since there are not much
investment opportunities available for expatriates in
UAE. Exchange houses in the country provide various
offers and discounts to their customers. They offer cash
pick up service to their customers, which enable them to
conveniently transfer their money. The exchange houses
use foreign exchange retailers such as Western Union,
InstaCash, Xpress Money and others to ensure a quicker
and faster transfer of funds from one country to another.
Such foreign exchange retailers provide the facility of last
minute cancellation with guaranteed refund including
the transfer fee.
Banks hold a meager share of ~% in international
remittance market. Though there is more number of
banks than exchange houses in the country, majority of
them are national banks. The national banks of UAE
follow the Islamic law. The Islamic law does not have
the concept of interest on deposits or loan. Hence, the
expatriates do not prefer having a bank account in UAE.
For remittances through bank one should have a bank
account.
Domestic remittance market can be classified into
business to business and personal remittances.
Banks dominate the domestic remittance market with a
share of ~% in the terms of transaction volume followed
by the non-banks. Banks represent the safest channel
for business to business transfers as huge amount of
money is involved in it. Moreover, banks provide current
account facilities to the business concerns and also they
are provided with additional services like personalized
agents and cash pick up service. In the event of some
urgent transaction requirement, the personalized agents
of the bank for the company will visit the company and
pick up cash and drop at the door step of the desired
recipient in person. Personal remittances are also
carried out through banks but at a lesser rate as the
bank does not provide any benefits to the personal
remittance customers. Non-Bank channel represents the
local transfer agents who facilitate fund transfers within
the country. During 2016, the non-bank channel held a
share of ~% in the overall market. Personal remittances
are majorly carried out through the non-banking
channels by the citizens of the country. The country
has a high rate of unbanked population. Non-banking
channels offer their services 24/7 and 365 days and are
easily accessible. This makes this channel convenient for
personal remittances.
Table: UAE Remittance Market Segmentation by Channel of
Remittance on the Basis of Transaction Volume and Workers
remittance Outflow in Percentage (%), 2016
Segments Percentage (%)
Exchange Houses ~
Banks ~
Non-Banks ~
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10 UAE Remittance and Bill Payments Market

WHICH TYPE OF SERVICE IS USED THE
MOST FOR REMITTANCE IN UAE?
The remittance market in UAE including both international
and domestic remittance market is dominated by direct
credit to account and online services. It holds a share
of ~% in the overall market. This service is convenient
for the customers as they need not visit the branches for
the making a transfer. Except for some GCC countries,
the remittance to all other countries is made using direct
credit to account and online service. This service includes
less cost in comparison with other type of services and
it does not include the effort of visiting the branches in
person from both sending and receiving end.
It is followed by the cash pick up service that accounts
for a share of ~% in the market. Cash pick up service
is offered by both banks and exchange houses and is
beneficial for the customers in rural areas in the recipient
country. A drawback of the cash pick up service is that
it is a time consuming process, as the sender has to
approach the bank or exchange house in person and
remit the amount at the counter. Risk of loss and theft
are associated with the cash pick up facility. Prepaid
cards come last in type of service used. It is beneficial for
frequent travelers. They can reduce the inconvenience of
carrying cash. It enables the withdrawal of money from
any country in that countrys currency.
Table: UAE Remittance Market Segmentation by Type of
Service on the Basis of Transaction Volume and Workers
remittance Outflow in Percentage (%), 2016
Segments Percentage (%)
Direct Credit to Account ~ Segments
and Online
Cash Pick Up Service ~ Mobile
Prepaid Cards ~ Water
WHICH TYPE OF BILL DOMINATES THE BILL
PAYMENTS MARKET IN UAE?
Utility bills are the major contributors to the bill payments
market. The market is dominated by electricity bills that
held a share of ~% in 2016. Electricity is the most used
utility in the country. Power consumption in the country
is rising due to the increasing population and the rising
business avenues. The home and business power
consumption is rising year on year which is a burden
for UAE in the energy sector. This has necessitated the
launch of awareness campaigns aimed at promoting a
culture of rational consumption of energy in all segments
of society. Mobile bills are holding the second position
in terms of bill payments with a share of 26.3% in the
overall bill payments market in 2016.
It is followed by water bills that held a share of ~% in
2016. UAE water consumption was considered as the
highest in the world as per 2013 reports. From January
1 2015, new water tariffs were applied in Abu Dhabi,
including water charges for Emiratis for the first time.
Residential water consumption represents 60.7% of
the overall water consumption in the country followed
by industrial, commercial and other non-commercial
sectors. Alongside the rising internet penetration, the
number of broadband connections is also increasing.
DTH services are the least contributors to the bill
payments market with a share of ~%.
Table: UAE Bill Payments Market Segmentation by Type of
Bills on the Basis of Amount of Bill Payments in Percentage
(%), 2016
Percentage (%)
Electricity ~
~
~
Broadband ~
DTH ~

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11 UAE Remittance and Bill Payments Market
HOW THE COMPETITION IS PREVAILING IN
UAE REMITTANCE MARKET
International remittance market is a highly competitive
market. In UAE international remittances are carried out
through exchange houses and banks. Exchange
houses have the major share in the transfer. There
are more than ~ licensed exchange houses with more
than ~ branches in the country. There are three major
exchange houses that hold more than ~% share in the
market. These exchange houses are competing on the
basis of number of transactions, volume of transaction,
number of branches, services offered and others. In
the recent times exchange houses are facing increased
competition from banks.
Domestic remittance market is dominated by banks.
The number of banks is increasing every year in the
country intensifying the competition. The banks are in a
continuous process of improving their services for their
business customers. Banks are competing on the basis
of the volume of transaction, number of companies
with which they have tie up, the services offered and
other related factors. There are more than ~ banks with
more than 1000 branches in the country. Banks have
a very nominal share of personal remittances hence it
is dominated by the non-banking transfer agents who
provide services 24/7 to their customers.
Table: Market Share of Major Players in the International
Remittance Market in %
Companies Price Range in PHP
UAE Exchange ~
Al Ansari Exchange ~
Al Fardan Exchange ~
Others ~ 2017
WHAT IS THE FUTURE OUTLOOK FOR UAE
REMITTANCE AND BILL PAYMENTS MARKET
UAE international remittance market is expected to
display a remarkable growth in the next five years.
The amplification of growth will be on the grounds of
rising number of expatriates owing to the employment
opportunities developed from the infrastructure
developmental activities linked to the World Expo 2020
in Dubai, expansion of airports, the Etihad rail, air and
marine transport systems and road networks in the
country.
The domestic remittance market and bill payments
market are also anticipated to display a staggering
growth during the forecast period, 2017-2021 at a
CAGR of ~%. Rising number of expatriates, internal
migration, growing non-oil private sector businesses,
rising utility prices and other related factors are set
to augment growth in the market during the forecast
period.
Figure: UAE Remittance and Bill Payments Market Future
Projections on the Basis of Transaction Volume in USD
Million, 2017-2021
USD Billion
2018 2019 2020 2021
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12 UAE Remittance and Bill Payments Market

COMPANIES CITED IN THE REPORT

Companies Covered in the Report List of Companies
UAE Exchange
Al Ansari Exchange
Al Fardan Exchange
Major Players in UAE Remittance
Sharaf Exchange
and Bill Payments Market
GCC Exchange
Trriple
PayFort

COMPETITIVE LANDSCAPE COVERED IN THE REPORT

Parameters Description
Company Overview
USP
Business Strategy
Statistics
Workers Remittance Outflow, 2016
Services
Number of branches, 2016
Transaction Fees
Employees
Recent Developments
Mode of Transfer
Future Strategies

KEY FACTORS CONSIDERED IN THE REPORT

Comprehensive analysis of UAE Remittance and Bill Payments Market and its segments
Listed major players and their positioning in the market
Identified major industry trends in last few years and assessed the future growth of the industry
SWOT analysis on UAE Remittance and Bill Payments Market
Value chain analysis of UAE Remittance and Bill Payments Market

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13

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