News

WorldRemit rolls out money transfer service in Africa

Tuesday 4 September 2018 14:30 CET | News

WorldRemit, a money transfer company, has launched a new digital money transfer service across Africa.

The fast-growing economies of the East Africa – Kenya, Rwanda, Tanzania, and Uganda – are being targeted for the launch of this service.

With its transfers to Africa growing by 80% year after year, WorldRemit trades in all major African currencies every day and has an extensive pan-African distribution network including bank, mobile money, and cash pick-up points.

Earlier in 2018, WorldRemit has received licenses in all 50 US states, enabling customers across the country to use its service.


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, Africa, money transfer, currency, mobile money, cash pick-up point, online payments
Categories:
Countries: World