South Africa Domestic and International Remittance Market Outlook to 2023
By Channels Used (Banking Channels, Retailers, ADLAs & MTOs and Others), Remittance Corridors (Inbound-Outbound and Rural-Urban)
April 2019
170
About the Report
About the Report
The report is useful for existing remittance companies, potential entrants, investors and other stakeholders to align their market centric strategies according to ongoing and expected trends in the future.
South Africa International Remittance Market
Market Size: South Africa international remittance market recorded a CAGR of close to -1% in terms of average transaction size and close to -2% in terms of volume & value of transaction during 2013-2018. The market showcased a slow & negative growth owing to low purchasing power & high cost associated with remitting money in both inbound & outbound space. Outbound remittance has captured close to half of the market size by value in 2018 declining consistently since 2013.
By Channel: International remittance market was led by banks and MTOs & ADLAs showcasing a CAGR close to -7% and 10% respectively during 2013-2018. ADLAs penetrated the market in 2015 and have been rising ever since. Retailers experienced a CAGR close to -5% in terms of value while the other players including post offices and hawalas experienced a single digit negative CAGR during 2013-2018 losing their share to other more organized players.
By Corridors: Inbound remittance flow corridors are dominated by United Kingdom followed by New Zealand, Australia and Angola respectively. Other countries namely, Canada, United States and Botswana witnessed exhibiting small share close to 15%. Owing to its proximity and availability of numerous job opportunities, United Kingdom has been the market leader magnetized by majority of emigrants. Outbound flow corridors, on the other hand, are dominated by Zimbabwe followed by Lesotho and Mozambique respectively. The outbound corridors consist of the SADC countries bordering South Africa wherein foreigners tend to move to a more established country with more stable Economy.
Competition Stage and Positioning: The international market is moderately concentrated with majority of the market being captured by MTOs & ADLAs and banks in 2018. There are 4 major banks namely ABSA Bank, Capitec Bank, Standard Bank and Bidvest Bank which have been active in the space. 2 major MTOs include Western Union and MoneyGram while major 4 ADLAs include Hello Paisa, Mama Money, Mukuru and Exchange4Free. Major 4 retailers include Shoprite, PEP Stores, Pick n Pay and SPAR. Major competing parameters include fees charged, time taken for the transaction, services offered, reach of the service providers, trust value attached, technological advancements, promotional offers and transparency in costs. The market has become highly competitive in terms of the fee charged after the penetration of the ADLAs offering low fees to the customer’s thereby increasing competition.
Future Projections: The market is expected to showcase a CAGR close to 6% and -4% by value and volume of transactions during 2018-2023. In terms of average transaction size the market is expected to register a CAGR close to 3% during the same.
South Africa Domestic Remittance Market
Market Size: South Africa domestic remittance market recorded a CAGR of close to 3% in terms of average transaction size and close to 6% & 3% in terms of transaction value and volume during 2013-2018 respectively. The market showcased a positive growth with the entry of ADLAs & with the rise in government initiatives to push the market forward. Players witnessed rising profits owing to increase in the commission charged year-on-year averaging a CAGR of close to 15% during the review period. This thus, accelerated the income earned by the players at a CAGR of more than 20% during the review period.
By Channel: Domestic remittance market was led by banks with highest market share showcasing a CAGR close to 15% during 2016-2018. Retailers followed by Mobile wallet companies acquired the second and third highest share in the base year. MTOs witnessed strong growth during 2013-2018 by value of transactions. Other players including post offices and hawalas experienced a decline in popularity with the coming up of other organized gateways.
By Corridors: Highest amount of money has been remitted between urban to rural in 2018. This has been followed by Urban to urban channel with Rural to Urban having a minor share.
Competition Stage and Positioning: The domestic market is highly concentrated by number of remittance transactions with majority share being captured by Capitec Bank, First National Bank, ABSA Bank, Bidvest and Mukuru in 2018 in terms of value of transactions.
The market is expected to showcase a CAGR close to 12% and 7% by value and volume of transactions during 2018-2023.
Key Segments Covered in South Africa International Remittance Market
By International Inbound Remittance Flow Corridor (Value of Transactions)
By Channels used (Value of Transactions)
Banking channels
ADLAs & MTOs
Retailers
Others
United Kingdom
New Zealand
Australia
Angola
Others
By International Outbound Remittance Flow Corridor (Value of Transactions)
Zimbabwe
Lesotho
Mozambique:
Others
By Work Profile (Value of Transactions)
Key Segments Covered in South Africa Domestic Remittance Market
By Channels used (Value of Transactions)
Banking channels,
ADLAs & MTOs
Retailers
Others
By Domestic Remittance Flow Corridor (Value of Transactions)
Urban to Rural
Urban to Urban
Rural to Urban
By Work Profile (Value of Transactions)
Key Target Audience
Banks
Money Transfer Operators
ADLAs
M-Wallet Companies
Hawalas
Convenience and Retail Stores
Supermarket Chains
South Africa Reserve Bank
Bills and Payments Companies
Investors & Venture Capital Firms
Time Period Captured in the Report:
2013-2018 – Historical Period
2019-2023 – Future Forecast
Companies Covered: ABSA Bank Limited, Albaraka Bank Limited, Bidvest Bank Limited, BNP Paribas SA – South Africa Branch, Capitec Bank Limited, China Construction Bank-Johannesburg Branch, Citibank-South Africa, Deutsche Bank AG-Johannesburg Branch, FirstRand Bank Limited, Habib Overseas Bank Limited, HBZ Bank Limited, HSBC Bank PLC–Johannesburg Branch, Investec Bank Limited, JPMorgan Chase Bank-Johannesburg Branch, Mercantile Bank Limited, Nedbank Limited, Sasfin Bank Limited, Société Générale, Standard Chartered Bank–Johannesburg Branch, State Bank of India, The South African Bank of Athens Limited, The Standard Bank of South Africa Limited, First National Bank, Bank of Baroda, Bank of India, Bank of China, Bank of Taiwan, Western Union , Money Gram, Hello Paisa, Mama Money, Mukuru, Exchange4Free, Imali Express (Pty), Ace Currency Exchange (Pty), Forex World (Pty) Limited, Global Foreign Exchange (Pty) Limited, Inter Africa Bureau de Change (Pty) Limited, Interchange RSA (Pty) Limited, Master Currency (Pty) Limited, Sikhona Forex (Pty) Limited, Tourvest Financial Services (Pty) Limited, American Express Foreign Exchange Services, Tower Bureau de Change (Pty) Limited, Travelex Africa Foreign Exchange (Pty) Limited, Southeast Exchange Company (South Africa), Terra Payment Services South Africa (RF) (Pty), WorldRemit South Africa (Pty) Limited, Shoprite, Pep Stores, Pick n Pay, Checkers, Spar, Ackermans and Boxers.
Key Topics Covered in the Report
Market Ecosystem and Value Chain
Market Size on the Basis of Transaction Value, 2013–2018
Market Size on the Basis of Transaction Volume, 2013-2018
Market Size on the Basis of Average Transaction Size, 2013-2018
Market Trends, Growth Drivers & Challenges
Market Segmentation by Channels Used (Value of Transactions)
Market Segmentation by Corridors (Value of Transactions)
Market Segmentation by Income Level (Value of Transactions)
Government Regulations
Migration Scenario
Strengths and Weaknesses of Major Players
Company Profiling
Snapshot on Bill Payment Market
Future Outlook and Projections
Growth Opportunities
Future Market Segmentation
SWOT Analysis
Analyst Recommendations
Products
Products
Key Segments Covered in South Africa International Remittance Market - By Channels used (Value of Transactions) (Banking channels, ADLAs & MTOs, Retailers and Others), By International Inbound Remittance Flow Corridor (Value of Transactions) (United Kingdom, New Zealand, Australia, Angola and Others), By International Outbound Remittance Flow Corridor (Value of Transactions) (Zimbabwe, Lesotho, Mozambique and Others), By Work Profile (Value of Transactions), Key Segments Covered in South Africa Domestic Remittance Market - By Channels used (Value of Transactions) (Banking channels, ADLAs & MTOs, Retailers and Others), By Domestic Remittance Flow Corridor (Value of Transactions) (Urban to Rural, Urban to Urban, Rural to Urban) , By Work Profile (Value of Transactions)
Companies
ABSA Bank Limited, Albaraka Bank Limited, Bidvest Bank Limited, BNP Paribas SA – South Africa Branch, Capitec Bank Limited, China Construction Bank-Johannesburg Branch, Citibank-South Africa, Deutsche Bank AG-Johannesburg Branch, FirstRand Bank Limited, Habib Overseas Bank Limited, HBZ Bank Limited, HSBC Bank PLC–Johannesburg Branch, Investec Bank Limited, JPMorgan Chase Bank-Johannesburg Branch, Mercantile Bank Limited, Nedbank Limited, Sasfin Bank Limited, Société Générale, Standard Chartered Bank–Johannesburg Branch, State Bank of India, The South African Bank of Athens Limited, The Standard Bank of South Africa Limited, First National Bank, Bank of Baroda, Bank of India, Bank of China, Bank of Taiwan, Western Union , Money Gram, Hello Paisa, Mama Money, Mukuru, Exchange4Free, Imali Express (Pty), Ace Currency Exchange (Pty), Forex World (Pty) Limited, Global Foreign Exchange (Pty) Limited, Inter Africa Bureau de Change (Pty) Limited, Interchange RSA (Pty) Limited, Master Currency (Pty) Limited, Sikhona Forex (Pty) Limited, Tourvest Financial Services (Pty) Limited, American Express Foreign Exchange Services, Tower Bureau de Change (Pty) Limited, Travelex Africa Foreign Exchange (Pty) Limited, Southeast Exchange Company (South Africa), Terra Payment Services South Africa (RF) (Pty), WorldRemit South Africa (Pty) Limited, Shoprite, Pep Stores, Pick n Pay, Checkers, Spar, Ackermans and Boxers
Table of Contents
Table of Contents
1. Executive Summary
1.1. South Africa Domestic and International Remittance Market Size, 2013-2018
1.2. South Africa Domestic and International Remittance Market Segmentation by Channels, by flow corridors and occupational structure
1.3. South Africa Domestic and International Remittance Competition Analysis (Nature of market, number of players and competition parameters)
1.4. South Africa Domestic and International Future Market Analysis and Projections along with market segmentations
2. Research Methodology
2.1. Market Definitions
2.2. Abbreviations Used
2.3. Market Size and Modeling
Market Sizing Approach – Doemstic and International Market
Market Sizing Limitations
Variables (Dependent and Independent) Used for regression analysis
Multi Factor Based Sensitivity Model
Regression Matrix
Final Conclusion
3. South Africa Remittance Market Overview (Market stage, player composition, over the year’s developments, remittance requirements, customer type & others)
3.1. Domestic Remittance Market
3.2. International Remittance Market
3.3. Migration Patterns
4. South Africa Remittance Market Evolution-Over the years changes in Demand & Supply Side of the market
4.1. Traditional Means For Money Transfers
4.2. New Technologies in Remittances
4.3. Recent Developments
5. South Africa Remittance Ecosystem-Entity types, name of players, market positioning strategies and number, 2018
6. Value Chain Analysis (Entities Inter-relationship, Commission Charged and Working Process Flow chart)
7. Operating Models (Business Operation including compliance requirements, types of customers served, general operations)
7.1. Authorized Dealers with Limited Authority (ADLA)
7.2. Money Transfer Operator (MTO)
7.3. Banks
7.4. Retailers
8. South Africa International Remittance Market, 2013-2023E
8.1. Remittance Transaction Value, Average Transaction Size and Volume of Transaction, 2013-2018
Inbound and Outbound Remittance Transaction Value, Volume and Average Transaction Size, 2013-2018
Market Growth Drivers & Challenges
8.2. South Africa International Remittance Market Segmentation (By Transaction Value), 2013-2018
By Banking channels, ADLAs & MTOs, Retailers and Others
By Outbound Corridors (Zimbabwe, Lesotho, Mozambique, Others)
Inbound Corridors (United Kingdom, New Zealand, Australia, Others)
Working Profile
8.3. Future Market Analysis-Remittance Transaction Value, Average Transaction Size and Volume of Transaction, 2019E-2023E
Inbound and Outbound Remittance Transaction Value, Volume and Average Transaction Size, 2019E-2023E
9. South Africa Domestic Remittance Market, 2013-2023E
9.1. Remittance Transaction Value, Average Transaction Size, Volume of Transaction, Commission Charged and Income Earned, 2013-2018
9.2. Market Growth Drivers & Challenges
9.3. South Africa Domestic Remittance Market Segmentation (By Transaction Value), 2013-2018
By Banking channels, ADLAs & MTOs, Retailers and Others
By Corridors (Urban to Rural, Urban to Urban, Rural to Urban)
Working Profile
9.4. South Africa Domestic Remittance Future Outlook, 2019E-2023E
Remittance Transaction Value, Average Transaction Size, Volume of Transaction, Commission Charged and Income Earned, 2019E-2023E
Future Macroeconomic Factors Affecting Market Size
9.5. Future Market Segmentation by Value of Transactions, 2023E
By Banking channels, ADLAs & MTOs, Retailers and Others
By Corridors (Urban to Rural, Urban to Urban, Rural to Urban)
Working Profile
10. Government Regulations
10.1. Role & Authority of South Africa Reserve Bank
10.2. Exchange Control
Reporting System
Authorized Dealers
Authorized Dealers With Limited Authority (ADLA)
Duties and Responsibilities of Authorized Dealers and AUthorised Dealers with Limited Authority
Income Transfers
Personal transfers by foreign nationals and immigrants
Operational Conditions Applicable to Conducting the Business of an Authorised Dealer in Foreign Exchange with Limited Authority
10.3. Anti Money Laundering (AML)
Customer Due Diligence (CDD)
Monitoring Requirements
Intermediaries And Correspondent Banking
10.4. Immigration Regulation
10.5. Issues in the Process of Documentation
11. Snapshot on South Africa Bill Payment Market
11.1. Market Ecosystem-Entity types and name of players, 2018
11.2. Market Overview-Growth Drivers and Market Challenges
11.3. Key Market statistics- Market Settlement Values, Market Split of Settlement Values, Channels for Retail Transactions), 2013-2017
11.4. Government Regulations (PASA & other Regulatory Acts)
11.5. Major Players (PayGate, PayPal, Masterpass, PayVault, My Gate, PayFast)
11.6. Analyst Recommendations for players Bill Payment Market
12. Customer Profiling (Decision Making Parameters, Impact on customers, Customer Description Flow Chart, Age Group, Technological Skeptic, Working Occupations, Channels Preferred and Decision Sensitivity)
13. Competitive Landscape of Major Players in South Africa Remittance Market
13.1. Competition Scenario (Nature, Major Players, Competition Parameters, Product Innovations & Market Positioning)
13.2. Market Share of Major Players by Transaction Value
International Remittance, 2018
Domestic Remittance, 2018
13.3. Strengths and Weaknesses of Major Players (ABSA Bank, Standard Bank, Capitec Bank, Bidvest Bank, Hello Paisa, Mama Money, Mukuru, Exchange4Free, Shoprite, PEP Stores, Pick n Pay, SPAR, Western Union and MoneyGram)
14. Industry SWOT Analysis
15. Company Profiling Of Major Players (Company Overview, Company Management, Remittance Services Offered, Business Strategy, Modes of Remittance
Fund Transfer Charges and Limits, Key Performance Indicators-Fee and Commission Income, Fee and Commission Expense, Net Fee and Commission Income, Regional Outreach & Others)
Banks
15.1. ABSA Bank Limited
15.2. Standard Bank
15.3. Bidvest Bank (BVBL)
15.4. Capitec Bank
Retailers
15.5. Shoprite
15.6. PEP Stores
15.7. Pick n Pay
15.8. SPAR
Money Transfer operators (MTOs)
15.9. Western Union
15.10. Money Gram
Authorized Dealers With Limited Autority (ADLA)
15.11. Hello Paisa
15.12. Mama Money
15.13. Mukuru
15.14. Exchange4Free
16. Industry Analyst Recommendations
Disclaimer
Contact Us
List of Figure
Figure 1-1: South Africa International Remittance Market Flow Chart, 2018
Figure 1-2: South Africa Domestic Remittance Market Flow Chart, 2018
Figure 5-1: Implications to the Key Players in the Market for Creating an Effective E-Payment Eco-System
Figure 8-1: South Africa International Remittance Market Size on the Basis of Transaction Value in ZAR Million and Growth Rate in Percentage (%), 2013-2018
Figure 8-2: South Africa International Remittance Market Size on the Basis of Volume of Transaction in Million and Growth Rate in Percentage (%), 2013-2018
Figure 8-3: South Africa International Remittance Market Size on the Basis of Average Transaction Size in ZAR and Growth Rate in Percentage (%), 2013-2018
Figure 8-4: South Africa International Remittance Market Size on the Basis of Transaction Value in ZAR Million for Inbound and Outbound Remittances, 2013-2018
Figure 8-5: South Africa International Remittance Market Size on the Basis of Volume of Transaction in Million for Inbound and Outbound Remittances, 2013-2018
Figure 8-6: South Africa International Remittance Market Size on the Basis of Average Transaction Size in ZAR for Inbound and Outbound Remittances, 2013-2018
Figure 8-7: South Africa International Remittance Market Average Transaction Cost in Percentage (% ) for Inbound and Outbound Remittances, 2013-2018
Figure 8-8: South Africa International Remittance Market Transaction Income in USD Million for Inbound and Outbound Remittances, 2013-2018
Figure 8-9: South Africa International Remittance Market Segmentation by Channels Used in Remittances on the Basis of Percentage Share (%), 2013-2018
Figure 8-10: South Africa Remittance Market Outbound Remittance Corridors by Share in Percentage (%), 2018
Figure 8-11: South Africa Remittance Market Inbound Remittance Corridors by Share in Percentage (%), 2018
Figure 8-12: South Africa Remittance Market Segmentation by Income Level on the basis of Share in Percentage, 2018
Figure 9-1: South Africa Domestic Remittance Market Size on the Basis of Transaction Value in ZAR Million and Growth Rate in Percentage (%), 2013-2018
Figure 9-2: South Africa Domestic Remittance Market Size on the Basis of Volume of Transaction in Million and Growth Rate in Percentage (%), 2013-2018
Figure 9-3: South Africa Domestic Remittance Market Size on the Basis of Average Transaction Size in ZAR and Growth Rate in Percentage (%), 2013-2018
Figure 9-4: South Africa Domestic Remittance Market Size on the Basis of Commission Charged in Percentage and Growth Rate in Percentage (%), 2013-2018
Figure 9-5: South Africa Domestic Remittance Market Size on the Basis of Income Earned in ZAR Million and Growth Rate in Percentage (%), 2013-2018
Figure 9-6: South Africa Domestic Remittance Market Segmentation by Channels Used in Remittances on the Basis of Percentage Share (%), 2016-2018
Figure 9-7: South Africa Remittance Market segmentation by Corridors on the basis of Percentage Share, 2018
Figure 9-8: South Africa Remittance Market Segmentation by Income Level on the basis of Share in Percentage, 2018
Figure 11-1: South Africa Bill Payment Market Settlement Values in Billion ZAR, 2013-2017
Figure 11-2: South Africa Bill Payment Market Split of Settlement Values, 2017
Figure 11-3: South Africa Bill Payment Channels for Retail Transactions By Volume as a Percentage Share, 2017
Figure 11-4: South Africa Bill Payment Channels for Retail Transactions By Value as a Percentage Share, 2017
Figure 12-1: South Africa Remittance Market Customer Description Flow Chart, 2018
Figure 13-1: South Africa International Remittance Market Share of Major Players in Percentage, 2018
Figure 13-2: South Africa Domestic Remittance Market Share of Major Players in Percentage, 2018
Figure 16-1: South Africa Domestic Remittance Future Market Size on the Basis of Transaction Value in ZAR Million and Growth Rate in Percentage (%), 2018-2023E
Figure 16-2: South Africa Domestic Remittance Future Market Size on the Basis of Volume of Transaction in Million and Growth Rate in Percentage (%), 2018-2023E
Figure 16-3: South Africa Domestic Remittance Future Market Size on the Basis of Average Transaction Size in ZAR and Growth Rate in Percentage (%), 2018-2023E
Figure 16-4: South Africa Domestic Remittance Future Market Size on the Basis of Commission Charged in Percentage and Growth Rate in Percentage (%), 2018-2023E
Figure 16-5: South Africa Domestic Remittance Future Market Size on the Basis of Income Earned in ZAR Million and Growth Rate in Percentage (%), 2018-2023E
Figure 16-6: South Africa Domestic Remittance Future Market Segmentation by Channels Used in Remittances on the Basis of Percentage Share (%), 2023
Figure 16-7: South Africa Remittance Future Market segmentation by Corridors on the basis of Percentage Share, 2023
Figure 16-8: South Africa Remittance Future Market Segmentation by Income Level on the basis of Share in Percentage, 2023
Figure 17-1: South Africa International Future Remittance Market Size on the Basis of Transaction Value in ZAR Million and Growth Rate in Percentage (%), 2018-2023E
Figure 17-2: South Africa International Remittance Future Market Size on the Basis of Volume of Transaction in Million and Growth Rate in Percentage (%), 2018-2023E
Figure 17-3: South Africa International Remittance Future Market Size on the Basis of Average Transaction Size in ZAR and Growth Rate in Percentage (%), 2018-2023E
Figure 17-4: South Africa International Remittance Future Market Size on the Basis of Transaction Value in ZAR Million for Inbound and Outbound Remittances, 2018-2023E
Figure 17-5: South Africa International Remittance Future Market Size on the Basis of Volume of Transaction in Million for Inbound and Outbound Remittances, 2018-2023E
Figure 17-6: South Africa International Remittance Future Market Size on the Basis of Average Transaction Size in ZAR for Inbound and Outbound Remittances, 2018-2023E
Figure 17-7: South Africa International Remittance Future Market Average Transaction Cost in Percentage (% ) for Inbound and Outbound Remittances, 2018-2023E
Figure 17-8: South Africa International Remittance Future Market Transaction Income in USD Million for Inbound and Outbound Remittances, 2018-2023E
Figure 17-9: South Africa International Remittance Future Market Segmentation by Channels Used in Remittances on the Basis of Percentage Share (%), 2023
Figure 17-10: South Africa Remittance Market Outbound Remittance Corridors by Share in Percentage (%), 2023
Figure 17-11: South Africa Remittance Market Inbound Remittance Corridors by Share in Percentage (%), 2023
Figure 17-12: South Africa Remittance Future Market Segmentation by Income Level on the basis of Share in Percentage, 2023
List of Table
Table 2-1: South Africa Remittance Market Definitions Including Payment Market, Cash Pick, Remittance Corridor and Others, 2018
Table 2-2: Correlation Matrix of South Africa Outbound International Remittance Market, 2018
Table 2-3: Correlation Matrix of South Africa Inbound International Remittance Market, 2018
Table 5-1: South Africa Remittance Market Ecosystem, 2018
Table 6-1: South Africa Remittance Market Value Chain Analysis, 2018
Table 8-1: South Africa Remittance Market Size on the Basis of Value of Remittance, Volume of Transactions and Average Transaction Size, 2013-2018
Table 8-2: South Africa Remittance Market Macroeconomic Factors Affecting Market Size, 2013-2018
Table 8-3: Rationale and Description for Philippines International Remittance Market Segmentation by Major Flow Corridors (US, UAE, Saudi Arabia and UK), 2017
Table 8-4: South Africa International Remittance Market Segmentation by Channels Used for Remittances on the Basis of Value of Transactions in ZAR Million, 2013-2018
Table 8-5: South Africa Remittance Market Segmentation By Outbound Corridors, 2018
Table 8-6: South Africa Remittance Market Segmentation by Outbound Corridors on the basis of Value of Transaction in ZAR Million, 2018
Table 8-7: South Africa Remittance Market Segmentation By Inbound Corridors, 2018
Table 8-8: South Africa Remittance Market Segmentation by Inbound Corridors on the basis of Value of Transaction in ZAR Million, 2018
Table 8-9: South Africa Remittance Market Segmentation by Income Level on the basis of Value of Transactions in ZAR Million, 2018
Table 9-1: South Africa Remittance Market Size on the Basis of Value of Transaction, Average Transaction Size, Volume of Transaction, Commission Charged and Income Earned, 2013-2018
Table 9-2: South Africa International Remittance Market Segmentation by Channels Used for Remittances on the Basis of Value of Transactions in ZAR Million, 2016-2018
Table 9-3: South Africa Remittance Market Segmentation by Corridors, 2018
Table 9-4: South Africa Remittance Market Segmentation by Corridors on the basis of Value of Transaction in ZAR Million, 2018
Table 9-5: South Africa Remittance Market Segmentation by Income Level on the basis of Value of Transactions in ZAR Million, 2018
Table 10-1: Authorized Dealers in Foreign Exchange with Limited Authority, 2018
Table 10-2: South Africa Immigration Permits, 2018
Table 11-1: South Africa Bill Payment Market Value Chain and Ecosystem, 2018
Table 11-2: South Africa Bill Payment Market Channels of Payment for Retail Transfers by Volume of Transactions in Million, 2013-2017
Table 11-3: South Africa Bill Payment Market Channels of Payment For Retail Transfers by Value of Transactions in Billion ZAR, 2013-2017
Table 11-4: South Africa Bill Payment Market Other Settlement Channels by Volume of Transactions in Millions, 2013-2017
Table 11-5: South Africa Bill Payment Market Other Settlement Channels by Value of Transactions in Million ZAR, 2013-2017
Table 11-6: PayGate Fees Charged, 2018
Table 12-1: South Africa Remittance Market Customer Decision Making Parameters, 2018
Table 12-2: South Africa Remittance Market Customer Description Using Remittance Services, 2018
Table 12-3: South Africa Remittance Market Banked and Unbanked User Comparison, 2018
Table 13-1: South Africa Remittance Market Competition Scenario Including Market Nature, Major Players, Market Positioning and Major Competing Parameters, 2018
Table 13-2: South Africa Remittance Market Major Players Product Innovations, 2006-2018
Table 13-3: South Africa International Remittance Market Share on the basis of Value of Transaction in ZAR Million, 2018
Table 13-4: Strengths and Weaknesses of Major Players in the South Africa Remittance Market, 2018
Table 14-1: South Africa Remittance Market SWOT Analysis, 2018
Table 15-1: ABSA Bank Limited Company Profile Including Overview, Management, Business Strategy, Remittance Services Offered and Other Parameters, 2018
Table 15-2: Standard Bank Company Profile Including Overview, Management, Business Strategy, Remittance Services Offered and Other Parameters, 2018
Table 15-3: Bidvest Bank Company Profile Including Overview, Management, Business Strategy, Remittance Services Offered and Other Parameters, 2018
Table 15-4: Bidvest Bank Key Performance Indicators Including Fee and Commission Income, fee and Commission expense and Net Fee & Commission Income in Rand Thousands, 2013-2018
Table 15-5: SIRESS SADC Bank Association Members, 2018
Table 15-6: Capitec Bank Company Profile Including Overview, Management, Business Strategy, Remittance Services Offered and Other Parameters, 2018
Table 15-7: Capitec Bank Key Performance Indicators Including Net Transaction Fee Income, Net Transaction Fee Income to Net Income and Net Transaction Fee Income to Operating Expenses, 2015-2018
Table 15-8: Capitec Bank Transaction Fees in South African Rand, 2018
Table 15-9: Shoprite Company Profile Including Overview, Management, Business Strategy, Remittance Services Offered and Other Parameters, 2018
Table 15-10: PEP Stores Company Profile Including Overview, Management, Business Strategy, Remittance Services Offered and Other Parameters, 2018
Table 15-11: Pick N Pay Company Profile Including Overview, Management, Business Strategy, Remittance Services Offered and Other Parameters, 2018
Table 15-12: SPAR Company Profile Including Overview, Management, Business Strategy, Remittance Services Offered and Other Parameters, 2018
Table 15-13: Western Union Company Profile Including Overview, Management, Business Strategy, Remittance Services Offered and Other Parameters, 2018
Table 15-14: Western Union Documentation Requirement for Remittances, 2018
Table 15-15: Western Union Rules for Remittances, 2018
Table 15-16: Money Gram Company Profile Including Overview, Management, Business Strategy, Remittance Services Offered and Other Parameters, 2018
Table 15-17: Money Gram Documentation Requirement for South African Resident Sending Money, 2018
Table 15-18: Money Gram Documentation Requirement for Foreign National Sending Money, 2018
Table 15-19: Hello Paisa Company Profile Including Overview, Management, Business Strategy, Remittance Services Offered and Other Parameters, 2018
Table 15-20: Hello Paisa Collection Points for Different Countries, 2018
Table 15-21: Mama Money Company Profile Including Overview, Management, Business Strategy, Remittance Services Offered and Other Parameters, 2018
Table 15-22: Mama Money Collection Points for Different Countries, 2018
Table 15-23: Mukuru Company Profile Including Overview, Management, Business Strategy, Remittance Services Offered and Other Parameters, 2018
Table 15-24: Mukuru Region Wise Branches in South Africa, 2018
Table 15-25: Mukuru Collection Points for Different Countries, 2018
Table 15-26: Exchange4Free Company Profile Including Overview, Management, Business Strategy, Remittance Services Offered and Other Parameters, 2018
Table 16-1: South Africa Remittance Future Market Size on the Basis of Value of Transaction, Average Transaction Size, Volume of Transaction, Commission Charged and Income Earned, 2019E-2023E
Table 16-2: South Africa Remittance Future Market Macroeconomic Factors Affecting Future Market Size, 2019E-2023E
Table 16-3: South Africa Domestic Remittance Future Market Segmentation by Channels used in Remittance on the basis of Value of Transaction in ZAR Million, 2023
Table 16-4: South Africa Domestic Remittance Future Market Segmentation by Corridors on the basis of Value of Transaction in ZAR Million, 2023
Table 16-5: South Africa Domestic Remittance Future Market Segmentation by Income Level on the basis of Value of Transaction in ZAR Million, 2023
Table 17-1: South Africa Remittance Future Market Size on the Basis of Value of Transaction, Average Transaction Size, Volume of Transaction, Commission Charged and Income Earned, 2019E-2023E
Table 17-2: South Africa International Remittance Future Market Segmentation by Channels used in Remittance on the basis of Value of Transaction in ZAR Million, 2023
Table 17-3: South Africa Outbound International Remittance Future Market Segmentation by Corridors on the basis of Value of Transaction in ZAR Million, 2023
Table 17-4: South Africa Inbound International Remittance Future Market Segmentation by Corridors on the basis of Value of Transaction in ZAR Million, 2023
Table 17-5: South Africa International Remittance Future Market Segmentation by Income Level on the basis of Value of Transaction in ZAR Million, 2023
Table 18-1: Analyst Recommendations
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