Digital money transfer service WorldRemit and global money transfer brand Xpress Money yesterday announced a partnership to open up new remittance routes across Africa and Asia.
Through Xpress Money’s extensive agent partner network, WorldRemit customers will be able to make secure, instant money transfers to be collected as cash. Initial countries in the rollout will include Algeria, Egypt, Ethiopia, Fiji, Lebanon, Pakistan, Sri Lanka and Tonga.
Over the next few months, customers will also be able to receive money transfers in their bank accounts, mobile wallets and others. With the WorldRemit app or website, customers send more than 500,000 transfers every month to more than 125 destinations. WorldRemit, known as the ‘WhatsApp of money’, makes sending a remittance as easy as sending an instant message. Xpress Money is one of the fastest growing instant money transfer companies, present in 160 countries through 180, 000 cash payout locations across the globe.
It has regional offices in 25 countries including the United Kingdom, USA, Canada, Australia, Hong Kong, the Philippines, the UAE.
