A global perspective

Over

43 K

remittance senders and receivers surveyed¹

Across

20

countries

Cover image of the Money Travels: 2024 Digital Remittances Adoption Report.

Remittances – a lifeline for millions around the world

Remittances are human to human transactions and act as a lifeline for many families in countries on every continent. In low- and middle-income countries they grew an estimated 3.8% in the past year² to reach a staggering $669 billion in 2023. 

Visa’s Money Travels: 2024 Digital Remittances Adoption Report survey looks at some of the progress, and challenges, that exist today.

“As the world becomes more interconnected, the flow of global remittances continues to play a pivotal role in supporting and sustaining the livelihoods of families around the world.”

Remitly logo.
— Matt Oppenheimer, Co-founder and CEO, Remitly

Stay up to date on the latest in remittances

The human impact of cross-border remittances

How digital inclusion can alleviate global poverty — and what policymakers can do to help.

Read the cross-border remittances blog post

Digital remittances can make a difference in migrant lives

New Visa Economic Empowerment Institute (VEEI) study finds digital remittances are making remittances faster and cheaper for migrant workers and offers recommendations for continuing this progress.

Read the digital remittances blog post

Get more insights about remittances

Discover how consumers send money abroad, diving into the rates, methods, and reasons for sending and receiving these lifeline payments.
Get the remittances report

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  1. The Money Travels: 2024 Annual Remittances Adoption Report surveyed 43,789 remittance users across North and Latin America, Europe, the Middle East and Asia Pacific.
  2. The World Bank. (December 18, 2023). Remittance Flows Continue to Grow in 2023 Albeit at Slower Pace [Press release].