Mukuru, WorldRemit partner to further expand remittance service in South Africa

Monday 5 October 2020 12:56 CET | News

Mukuru and WorldRemit have announced a deepening of their existing partnership to expand their collaboration for cash remittances into Zambia, South Africa.

According to the press release, as a result of the company's deepened collaboration, customers will benefit from guaranteed cash at all times, and there will be no cash-out charges to recipients on cash collections. Until now, customers who received payments into mobile wallets in partnership countries like Zambia would ordinarily pay a cash-out fee when withdrawing cash from a mobile wallet. However, thanks to the initiative, when a WorldRemit customer sends cash to a recipient in Zambia, and that recipient collects their transfer at a Mukuru booth, the recipient will pay no fee at all.

Moreover, since the launch of the partnership in June 2020, WorldRemit customers in over 50 countries – including the United Kingdom, United States, Australia, New Zealand, Canada and Europe – have been able to send money to their loved ones in Zimbabwe who are in need of financial resources as the coronavirus pandemic draws out. Beneficiaries can collect their WorldRemit remittance at any of Mukuru’s 150+ orange booths and multiple branches located across Zimbabwe in both rural and peri-urban areas.

Furthermore, the cash pick up service is operational six days a week and customers will not have to endure long queues, as they can collect their cash quickly and safely.

More: Link

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Keywords: Mukuru, WorldRemit, cash remittances, Zambia, South Africa, mobile wallets
Categories: Payments & Commerce
Countries: South Africa
This article is part of category

Payments & Commerce