PayPal announced a partnership with TransferTo, by Ingenico, to launch a new service that allows French customers to top up mobile phone prepaid credit of friends and family from anywhere in the world. The service, called PayPal Mobile Reload, enables account holders to send airtime to individuals in over 60 countries via 200 mobile network operators.
In order to send airtime, French PayPal customers must log on to the site, select the receiver’s country, submit their mobile phone number along with the desired amount of money transfer. Users will then pay for the transfer using their French PayPal accounts. When the process is complete, the recipient’s mobile phone will be topped up, and a confirmation email from PayPal will be sent to the sender.
PayPal launched this service in order to tap into the remittance market and allow migrant workers to send money back home.
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