Paypal's Xoom, MFS Africa partner to offer mobile money transfers in Africa

Wednesday 9 December 2020 13:53 CET | News

PayPal’s remittance service Xoom has partnered with MFS Africa, a South Africa-based fintech, to offer mobile money transfers to 6 countries in Africa. 

Via this partnership, MFS Africa will connect Xoom to its digital payments hub, allowing its customers in Europe and North America to send money to people in Cameroon, Ghana, Rwanda, Uganda, Zambia, and Zimbabwe, with plans to include more countries on the continent in 2021.

Xoom provides money transfers to bank accounts and cash pick-up locations in 160 markets around the world. The partnership will enable Xoom to continue to expand its presence in Africa by providing transfers to mobile money wallets through MFS Africa’s digitals payments hub. MFS Africa’s hub connects mobile wallets in Africa via a single API.

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Keywords: PayPal, Xoom, MSF Africa, Africa, remittance, mobile payments, money transfer
Categories: Payments & Commerce
Countries: Africa
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