WorldRemit, an online money transfer service has announced a partnership with MTN Group, a leading emerging market telecoms operator, to allow its customers send money instantly to MTN Mobile Money wallets in Rwanda, Uganda and Zambia.
MTN Mobile Money enables users to perform utility payments, save money, purchase airtime and access a range of mobile financial products.
To date, MTN Mobile Money is used by customers in 15 countries across Africa, i.e. Benin, Botswana, Cameroon, Congo, Ghana, Guinea Bissau, Guinea Republic, Ivory Coast, Liberia, Nigeria, Rwanda, South Africa, Swaziland, Uganda and Zambia.
At WorldRemit, we are pioneering international mobile-to-mobile remittances. Our partnership with MTN allows our customers around the world to send money instantly from the WorldRemit app to MTN Mobile Money users in Rwanda, Uganda and Zambia, Senior Mobile Analyst at WorldRemit, Alix Murphy said in a press release.
She added Together with MTN, we make sending money home as easy as sending an instant message.
The launch of this service is as a result of the signing of a global partnership agreement earlier this year, to enable WorldRemit customers all over the world to send international remittances to MTNs Mobile Money customers.
WorldRemit is gradually becoming the leader of remittances to Mobile Money wallets in Africa.
Late last year, it partnered telecommunication service provider, Tigo Rwanda to launch instant transfers to Tigo cash customers in Rwanda.
Before that, it partnered Millicoms Tigo Pesa to enable Tanzanians in Diaspora to directly send money to families and friends back home through their smartphones, tablets and computers.
Only a few days ago, it partnered Nigerias Skye Bank to expand its instant, same-day money transfers to the country. It had previously launched similar service in Egypt.
People in more than 52 countries already use the WorldRemit app to send around 400,000 money transfers every month to over 125 destinations.
WorldRemit, founded in 2010 and headquartered in London, United Kingdom, empowers customers to send money overseas using its award-winning iOS and Android mobile apps.