Payment Methods

WorldRemit Launches Its Service In Virginia

WorldRemit, the global remittances services company, announced on Tuesday (Aug. 23) it has launched its services in Virginia. WorldRemit provides a secure way for Virginia residents to send money to their loved ones around the world.

In a press release, WorldRemit said most migrants still visit money transfer agent locations when sending money overseas, but with the WorldRemit app, Virginians can now send instant money transfers to people in more than 125 countries, directly from their phones.

“Residents of Virginia now have the power to share money with friends and relatives abroad, 24/7,” commented Brion Nazzaro, director at WorldRemit, in the press release. “Over a million Virginians were born overseas. Until now, they have had to endure waiting in line at expensive money transfer agents when sending money home. Now, they can make secure money transfers with just a few taps of the WorldRemit app.”

WorldRemit said residents of Virginia can send money via instant bank transfer, mobile money transfer, cash pickup and mobile airtime top-up.

In February, WorldRemit announced it launched in California. Regarded as the U.K.’s fastest-growing startup, WorldRemit said then that it had set its sights on California, as the state is home to one in four migrants in the U.S. California also stands as the company’s second-largest market to date.

“WorldRemit allows people to send money to family and friends with the speed and convenience they have come to expect in our connected world. Just as WhatsApp and Skype changed the way we communicate globally, WorldRemit is modernizing our financial connections,” Ismail Ahmed, CEO and founder of WorldRemit, said in in announcing the expansion into California. “By sending to more Mobile Money services than anyone else, we are showing what the next phase of international money transfers looks like — instant transfer of money from person to person, anytime, anywhere.”



Digital transformation has been forcefully accelerated, but how does that agility translate into the fight against COVID-era attacks and sophisticated identity threats? As millions embrace online everything, preserving digital trust now falls mostly on banks and FIs. Now, advances in identity data and using different weights on the payment mix afford new opportunities to arm organizations and their customers against cyberthreats. From the latest in machine learning for fraud and risk, to corporate treasury teams working in new ways with new datasets, learn from experts how digital identity, together with advances like real-time payments, combine to engender trust and enrich relationships.

Click to comment