WorldRemit Expands In Africa

WorldRemit, the digital money transfer service, and global money transfer brand Xpress Money announced Tuesday (Dec. 6) a partnership to open up new remittance routes across Africa and Asia.

In a press release, WorldRemit said that, via Xpress Money’s agent partner network, WorldRemit customers will be able to make secure, instant money transfers. In the initial rollout, the service will be available in Algeria, Egypt, Ethiopia, Fiji, Lebanon, Pakistan, Sri Lanka and Tonga. During the course of the next few months, customers will also be able to receive money transfers in their bank accounts and mobile wallets.

“We want to offer our customers the widest and most convenient choice of payout options. Xpress Money is a trusted and dependable money transfer brand with a fantastic network of agents across the world. Our partnership will extend our footprint into new territories and will enable even more people to make secure, instant money transfers,” said Ismail Ahmed, founder and CEO of WorldRemit.

According to WorldRemit, with the WorldRemit app or website, customers send more than 500,000 transfers every month to more than 125 destinations.

Xpress Money is present in 160 countries through 180,000 cash payout locations across the globe. It has regional offices in 25 countries, including the U.K., U.S., Canada, Australia, Hong Kong, Philippines, United Arab Emirates and India, amongst others.

“Customer convenience ranks high on our list of priorities; through this partnership with WorldRemit, we are elevating that level of our customers’ convenience as they can now send money at their fingertips, whenever they want, through the WorldRemit app or website. It is ideal to have partnered with a like-minded brand as WorldRemit that is also working towards a similar objective that benefits the end customer. The remittance industry is at a juncture where it is necessary for brands to collaborate for the sake of the industry at large. We are happy to be setting the right example and hope for other brands to follow suit,” added Sudhesh Giriyan, COO at Xpress Money.