Nium, a global payments platform, has announced that its clients are able to send funds to their business partners located in Ghana, Kenya, South Africa, and Tanzania.
Customers of Nium are also able to extend this service to their own consumers. This announcement comes after the news of the company’s expansion plans into Africa at the tail end of 2020. Nium’s money transfer functionalities in Africa will allow clients the ability to send money to Kenya, South Africa, Ghana, and Tanzania via bank transfers (same day or next day delivery) and mobile money wallets in real-time.
Furthermore, clients will have access to 14+ mobile money wallets in these countries, including M-Pesa, Airtel, MTN, Vodacom. All funds transferred into the four countries can be initiated in any of the 40+ source currencies currently offered through Nium’s Send service and recipients will receive the payout in their local currency (KES, ZAR, GH₵,TSH).
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