Amazines Free Article Archive
www.amazines.com - Saturday, December 14, 2019
Read about the most recent changes and happenings at Amazines.com
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Google
Subscriptions Manage Ezines
CATEGORIES
 Article Archive
 Advertising (133322)
 Advice (160962)
 Affiliate Programs (34735)
 Art and Culture (73690)
 Automotive (145680)
 Blogs (75057)
 Boating (9840)
 Books (17218)
 Buddhism (4125)
 Business (1328596)
 Business News (426311)
 Business Opportunities (366264)
 Camping (10962)
 Career (72734)
 Christianity (15844)
 Collecting (11637)
 Communication (115054)
 Computers (241957)
 Construction (38997)
 Consumer (49681)
 Cooking (17061)
 Copywriting (6567)
 Crafts (18204)
 Cuisine (7538)
 Current Affairs (20388)
 Dating (45780)
 EBooks (19687)
 E-Commerce (48204)
 Education (185249)
 Electronics (83499)
 Email (6392)
 Entertainment (159832)
 Environment (28937)
 Ezine (3039)
 Ezine Publishing (5446)
 Ezine Sites (1550)
 Family & Parenting (110900)
 Fashion & Cosmetics (196390)
 Female Entrepreneurs (11842)
 Feng Shui (130)
 Finance & Investment (310274)
 Fitness (106146)
 Food & Beverages (62868)
 Free Web Resources (7938)
 Gambling (30226)
 Gardening (25108)
 Government (10513)
 Health (629563)
 Hinduism (2205)
 Hobbies (44044)
 Home Business (91557)
 Home Improvement (251362)
 Home Repair (46138)
 Humor (4823)
 Import - Export (5453)
 Insurance (45130)
 Interior Design (29554)
 International Property (3485)
 Internet (190990)
 Internet Marketing (146338)
 Investment (22825)
 Islam (1167)
 Judaism (1356)
 Law (80490)
 Link Popularity (4591)
 Manufacturing (20842)
 Marketing (98779)
 MLM (14136)
 Motivation (18213)
 Music (27005)
 New to the Internet (9479)
 Non-Profit Organizations (4048)
 Online Shopping (129617)
 Organizing (7803)
 Party Ideas (11856)
 Pets (38079)
 Poetry (2234)
 Press Release (12674)
 Public Speaking (5618)
 Publishing (7523)
 Quotes (2407)
 Real Estate (126626)
 Recreation & Leisure (95279)
 Relationships (87563)
 Research (16158)
 Sales (80323)
 Science & Technology (110222)
 Search Engines (23454)
 Self Improvement (153102)
 Seniors (6232)
 Sexuality (35942)
 Small Business (49286)
 Software (82996)
 Spiritual (23465)
 Sports (116081)
 Tax (7658)
 Telecommuting (34066)
 Travel & Tourism (307422)
 UK Property Investment (3121)
 Video Games (13428)
 Web Traffic (11727)
 Website Design (56830)
 Website Promotion (36569)
 World News (1000+)
 Writing (35770)
Author Spotlight
ADRIAN JOELE

I have been involved in nutrition and weight management for over 12 years and I like to share my kn...more
ALFRED MEARS

Former English Teacher; Musician (20+ years); Freelance Writer ...more
SHOVON JOARDER

Shovon Joarder has been working as Freelance Marketing Project Manager for over four years. He also ...more
BELINDA SUMMERS

Belinda Summers works as a professional consultant. She helps businesses increase their revenue by l...more
CACEY TAYLOR

Im just a man who likes to be happy and see others happy. Im into home business, sports, family, and...more


Growing Economy, Increased Internal Migration Coupled with Surge in Bill Payment Expenditure to fos by Ankur Gupta






Article Author Biography
Growing Economy, Increased Internal Migration Coupled with Surge in Bill Payment Expenditure to fos by
Article Posted: 06/27/2017
Article Views: 434
Articles Written: 1063
Word Count: 775
Article Votes: 0
AddThis Social Bookmark Button

Growing Economy, Increased Internal Migration Coupled with Surge in Bill Payment Expenditure to fos


 
Finance & Investment
The IT and Business Process Outsourcing industry has grown to be the second largest source of dollar income for the Philippine economy creating significant number of job opportunities every year. Philippines are witnessing robust growth in the tech industry as the number of remittance payment platforms for the unbanked proliferates. Increased competition of seafarers particularly from East Asia and Eastern Europe are expected to reduce the rate of remittances from sea-based OFWs. Increasing consumption of electricity, water, mobile phones and others are expected to stimulate growth in the bill payments market.

The ever-growing remittance market of Philippines is anticipated to escalate further in the coming years. Owing to the rising number of OFWs in the country, the remittance inflow to the country is expected to grow manifold in the coming years. The unaccounted remittances to an extent are expected to be properly channeled and are expected to raise the transaction volume in the coming years. Overseas Filipino Remittance Philippines, Bitcoin Wallet Philippines Remittance, Money Remittance Business Philippines, Money Transfer Philippines, Online Remittance Philippines, Online Bill Payment Philippines, Migration in Philippines, Bill Payment mode Philippines, Moreover, the average amount remitted to Philippines per person is expected to increase as the Filipinos are gradually getting enrolled into jobs that require professional skills and qualifications owing to their year on year improving educational qualifications and such jobs are paid better. Increased earnings of OFWs would raise the amount of remittance. This trend is anticipated to intensify competition in the international remittance market. Banks will continue to be the favored platform for sending remittances for overseas Filipino workers, contributing the major share in the total inflows of remittance in the coming years. Initiatives taken by several banks in the Philippines, to expand their networks and partnerships in other countries will be conducive for the growth of the bank channel of overseas remittances. Moreover the market is also expected to be augmented through international corporate trade remittances.

Continued growth in internal migration is expected to sustain the growth of money transfers taking place in the Philippines. The Philippines has outshined India in terms of voice-based outsourced projects and has become the worldwide leader in the call center industry. The bill payments market is expected to grow at a double digit CAGR during the forecast period 2017-2021. The major factors that are expected to augment the bill payment factor are the mobile phone and internet penetration in the country.

Ken Research in its latest study, Philippines Domestic and International Money Transfer Industry Outlook to 2021, analyzed that the companies can encourage their customers to use digital modes of transfers to reduce the float time. The MTOs, banks and other players can focus on mobile transfers to withstand the competition in the market. Moreover, new and existing pawnshops can align themselves with established remittance service providers in order to grow their business, in addition to spreading out their business to a more urbanized setting.

The Philippines online remittance market is estimated to register robust CAGR during 2017-2021.

The report provides information on the remittance channel, mode of transfer, type of service, remittance corridor and type of bills dominating the market in terms of transaction volume. It also covers the major players in the market such as Palawan Pawnshop, Cebuana Lhuilier, LBC Express, Western Union, M Lhuilier, Banco De Oro, The Bank of the Philippine Islands, Philippine National Bank, Metro Bank and others. Personal Remittance Philippines Statistics, Philippines Remittance Statistics, Pawnshop business growth, OFW Remittance Statistics,

Online bill payment services in the Philippines, Money Transfer Operator Remittance Philippines, International Remittance Philippines,

Inbound remittance Philippines, Outbound remittance Philippines, Money Transfer Agencies Philippines, Philippines migration and remittance.

Topics Covered in the Report

Overseas Filipino Remittance Philippines, Bitcoin Wallet Philippines Remittance, Money Remittance Business Philippines, Money Transfer Philippines, Online Remittance Philippines, Online Bill Payment Philippines, Migration in Philippines, Bill Payment mode Philippines, Personal Remittance Philippines Statistics, Philippines Remittance Statistics, Pawnshop business growth, OFW Remittance Statistics, Online bill payment services in the Philippines, Money Transfer Operator Remittance Philippines, International Remittance Philippines, Inbound remittance Philippines, Outbound remittance Philippines, Money Transfer Agencies Philippines, Philippines migration and remittance,

To know more about the publication, click on the link below

https://www.kenresearch.com/banking-financial-services-and-insurance/financial-services/philippines-money-transfer-remittance-market-report/121464-93.html

Related Reports by Ken Research

UAE Remittance and Bill Payments Market Outlook to 2021 - Rising Expatriate Population, Growing Business Activities and Increasing Demand for Utilities to Foster Growth

India Bills Payment Market Outlook to 2020 - Rising Internet Penetration and Advent of Mobile Wallet to Shape Future Growth

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

Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249

Related Articles - Money Transfer Philippines, Online Remittance Philippines, Online Bill Payment Philippines, Migration in Philippines, Bill Payment mode Philippines, P,







Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.

 

Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
Name:
Email:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
 
Please enter the code in the image:



 Author Login 
LOGIN
Register for Author Account

 

Advertiser Login

 

ADVERTISE HERE NOW!
   Limited Time $60 Offer!
   90  Days-1.5 Million Views  

 

Great Paranormal Romance


STEPHEN BYE

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more
GENE MYERS

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more
LAURA JEEVES

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more
SUSAN FRIESEN

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more
STEVERT MCKENZIE

Stevert Mckenzie, Travel Enthusiast. ...more
TIM FAY

I am not a writer nor am I trying to become a writer. I am an average person with average intelligen...more
MICHAEL BRESCIANI

Rev Bresciani is the author of two Christian books. One book is an important and concisely written b...more
KIRAN KAUR

Kiranpreet (Kiran) Kaur, D.D.S., who received her Doctor of Dental Surgery degree from the prestigio...more
STEVE BURGESS

Steve Burgess is a freelance technology writer, a practicing computer forensics specialist as the pr...more
JOANNA MORGAN

Joanna Morgan has a huge passion for making money online from home and enjoys traveling around the w...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2019, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from wikipedia.org under the GNU FDL license