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News

Remitly, Alipay to offer international remittances

Monday 27 January 2020 14:32 CET | News

Remitly, an online money transfer service, has announced its collaboration with Alipay, a leading payment and lifestyle platform.

The agreement enables Remitly customers to send money from their smartphone or computer, and for funds to be received within the Alipay app. Remitly is the first major online remittance service to launch transfers to Alipay from the US, as well as offering the service internationally.

Alipay currently serves more than 1.2 billion users around the world, together with its local e-wallet partners. The service is operated by Ant Financial, the payments affiliate of Alibaba Group. Remitly’s service is currently available to customers living in 16 countries wishing to send money abroad.

At launch, Remitly customers are able to send money by selecting Alipay as their delivery method. Funds are transferred instantly and available for use in the bank account associated with the recipient’s Alipay account. Both senders and recipients are able to track the status of their transaction within the Remitly app and via email and SMS updates. Recipients will also receive notifications within the Alipay app.

Source: Link


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Keywords: Remitly, Alipay, partnership, remittances, e-wallet, app, online remittance service
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce

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