Subscribe
|
|
|
|
|
|
|
News

WorldRemit expands into Russia

Friday 16 December 2016 10:33 CET | News

Digital money transfer service WorldRemit has partnered the established Russian Payment System CONTACT to make available money transfers to the home country by the Russian diaspora.

WorldRemit customers can now send money to be collected as cash at any CONTACT office across Russia in euros or dollars. With the WorldRemit app or website, people in more than 50 countries can send money transfers to more than 125 destinations.

Over 20 million Russians live in the diaspora and remittances play a significant role in Russia’s economy. According to the World Bank, Russia received USD 6.87 billion in remittances in 2015.


Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: WorldRemit, remittances, money transfers, expansion, Russia, online sales, consumers, Customers, digital money, mobile
Categories: Payments & Commerce
Companies:
Countries: World
This article is part of category

Payments & Commerce

::: more





Industry Events

Free Headlines ::: subscribe now
RSS ::: follow ThePaypers via RSS ::: connect
LinkedIn ::: connect with ThePaypers on LinkedIn ::: connect
Twitter ::: follow ThePaypers on Twitter ::: follow
Facebook ::: like ThePaypers on Facebook ::: like