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.”

——————————–

Latest Insights:

Our data and analytics team has developed a number of creative methodologies and frameworks that measure and benchmark the innovation that’s reshaping the payments and commerce ecosystem. In the December 2019 Mobile Card App Adoption Study, PYMNTS surveyed 2,000 U.S. consumers for a reveal of the four most compelling features apps must have to engage users and drive greater adoption.

Click to comment

TRENDING RIGHT NOW