| Product Code: ETC5380553 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Greece Digital Remittance Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 2.18% in 2025, growth builds up to 3.72% by 2029.

In the Europe region, the Digital Remittance market in Greece is projected to expand at a stable growth rate of 1.39% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

The digital remittance market in Greece is growing as more consumers and businesses adopt digital platforms for transferring money across borders. Digital remittance services provide faster, cheaper, and more convenient alternatives to traditional money transfer methods. The market is supported by Greece`s large immigrant population and its role as a key destination for remittances from abroad, with the demand for digital remittance services expected to rise in the coming years.
The Greece digital remittance market is growing due to the increasing adoption of digital payment solutions for cross-border money transfers. Digital remittance platforms offer lower fees, faster processing times, and greater convenience compared to traditional methods. The growing diaspora communities in Greece, along with the increasing use of mobile phones and internet access, are driving the demand for digital remittance services. Furthermore, the shift towards cashless societies and the increasing acceptance of digital financial services are contributing to the growth of the digital remittance market.
The digital remittance market in Greece faces challenges related to regulatory compliance, security, and competition from traditional remittance services. With stricter regulations around money laundering and fraud prevention, digital remittance providers must invest in robust compliance systems, which can be costly. Additionally, consumers in Greece may prefer established, trusted methods of sending money abroad, creating a barrier to the widespread adoption of digital remittance services. The market also faces competition from banks and other financial institutions offering digital money transfer services.
Greece encourages the growth of the digital remittance market, particularly by supporting digital financial services that offer lower transaction costs and greater accessibility. Policies align with EU regulations on cross-border payments and financial services, with a focus on increasing financial inclusion and ensuring the security of digital transactions.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Greece Digital Remittance Market Overview |
3.1 Greece Country Macro Economic Indicators |
3.2 Greece Digital Remittance Market Revenues & Volume, 2021 & 2031F |
3.3 Greece Digital Remittance Market - Industry Life Cycle |
3.4 Greece Digital Remittance Market - Porter's Five Forces |
3.5 Greece Digital Remittance Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Greece Digital Remittance Market Revenues & Volume Share, By Channel, 2021 & 2031F |
3.7 Greece Digital Remittance Market Revenues & Volume Share, By End-use, 2021 & 2031F |
4 Greece Digital Remittance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing internet and smartphone penetration rates in Greece |
4.2.2 Growing need for cost-effective and efficient cross-border money transfer services |
4.2.3 Rise in the number of migrants and expatriates in Greece sending money back to their home countries |
4.3 Market Restraints |
4.3.1 Regulatory challenges and compliance requirements in the digital remittance sector |
4.3.2 Security concerns related to online transactions and data protection |
4.3.3 Competition from traditional banking institutions offering remittance services |
5 Greece Digital Remittance Market Trends |
6 Greece Digital Remittance Market Segmentations |
6.1 Greece Digital Remittance Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Greece Digital Remittance Market Revenues & Volume, By Inward Digital Remittance, 2021-2031F |
6.1.3 Greece Digital Remittance Market Revenues & Volume, By Outward Digital Remittance, 2021-2031F |
6.2 Greece Digital Remittance Market, By Channel |
6.2.1 Overview and Analysis |
6.2.2 Greece Digital Remittance Market Revenues & Volume, By Banks, 2021-2031F |
6.2.3 Greece Digital Remittance Market Revenues & Volume, By Money Transfer Operators, 2021-2031F |
6.2.4 Greece Digital Remittance Market Revenues & Volume, By Online Platforms, 2021-2031F |
6.2.5 Greece Digital Remittance Market Revenues & Volume, By Others, 2021-2031F |
6.3 Greece Digital Remittance Market, By End-use |
6.3.1 Overview and Analysis |
6.3.2 Greece Digital Remittance Market Revenues & Volume, By Migrant Labor Workforce, 2021-2031F |
6.3.3 Greece Digital Remittance Market Revenues & Volume, By Personal, 2021-2031F |
6.3.4 Greece Digital Remittance Market Revenues & Volume, By Small Businesses, 2021-2031F |
6.3.5 Greece Digital Remittance Market Revenues & Volume, By Others, 2021-2031F |
7 Greece Digital Remittance Market Import-Export Trade Statistics |
7.1 Greece Digital Remittance Market Export to Major Countries |
7.2 Greece Digital Remittance Market Imports from Major Countries |
8 Greece Digital Remittance Market Key Performance Indicators |
8.1 Average transaction speed for digital remittances |
8.2 Customer satisfaction scores related to the user experience of digital remittance platforms |
8.3 Number of partnerships with local and international payment providers for expanding reach and services |
9 Greece Digital Remittance Market - Opportunity Assessment |
9.1 Greece Digital Remittance Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Greece Digital Remittance Market Opportunity Assessment, By Channel, 2021 & 2031F |
9.3 Greece Digital Remittance Market Opportunity Assessment, By End-use, 2021 & 2031F |
10 Greece Digital Remittance Market - Competitive Landscape |
10.1 Greece Digital Remittance Market Revenue Share, By Companies, 2024 |
10.2 Greece Digital Remittance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
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