Quarterly market share of outgoing remittance brands in the U.S. 2011-2024

MoneyGram was used the most for outgoing remittances from the United States in 2024, although its market share was relatively low due to how many providers are present. This is according to a custom-made calculation from Statista, based on the number of reported remittance channels going away from the United States. The three countries to which the U.S. sends the highest value of remittances are Mexico, India, and Guatemala. Remittances are a relatively uncharted topic, though. While figures exist on the total traffic between individual countries ("corridors"), exact numbers on how much of this comes from banks, money transfer organizations (MTOs), or digital sources (blockchain, etc.) is typically not known. All figures on remittances are therefore estimates.