The firm will use the PSD2 banking licence, partnerships, and recent passporting approval for facilitating the remittances.
The firm said that the new proposition offers instant remittance transfer/delivery options, and allows cash to be sent for local pickup or deposit to a bank account.
Another benefit of RevoluSEND cited by the firm includes the intuitive map-based interface for cash collection points.
Currently, those using RevoluPAY can make money transfers to countries including Argentina, Colombia, Ghana, Kenya, Mexico, Nigeria, Panama, Peru, South Africa, Tanzania, Uruguay, and Zambia.
Plans are on for a broader rollout in more countries over the coming weeks. These countries include Algeria, Angola, Botswana, Chad, Congo, Djibouti, Egypt, Ethiopia, Mauritius, Morocco, Namibia, Niger, Tunisia, and Zimbabwe, among others.
In Latin America, the company intends to make the service available in Chile, Costa Rica, Surinam, Brazil, and Guyana soon.
The firm is in the final stage of talks and contract approval to make RevoluSEND available in Bangladesh, China, Hong Kong, India, Indonesia, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, and Thailand, among others.
RevoluGROUP offers technologies in diverse areas including banking, e-gaming, healthcare payments, esports, invoice factoring, and online travel, among others.
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