Worldremit
Regional Head, Middle East and Africa, WorldRemit, Andrew Stewart, has stated that its firm is dedicated to making certain that money transfer is seamless, safe, environment friendly and value efficient.
This is coming barely a month when the digital money transfer service firm partnered First Bank of Nigeria Limited (FBN) to assist migrants overseas transfer money immediately to their FBN accounts in Nigeria.
Speaking at a roundtable in Lagos, Stewart stated WorldRemit was pioneering a mobile-first strategy to remittances, providing on the spot transfers.
“Using WorldRemit is simple as a result of we do the exhausting bit, connecting a whole lot of banks, money brokers, cell operators and fee methods around the globe. These have been by no means designed to work collectively, however WorldRemit makes it occur.
“As opposed to most of its rivals, WorldRemit prides itself in providing on the spot money transfers, powered by our 100 p.c cashless transfers on the ship facet, and our mobile-drive strategy.
A typical customer within the United States, UK or Canada may ship round £100 per transaction for bank deposit.
“Our fees in Nigeria are very competitive to make sure our customers can send as often as needed to support their friends and family at home,” he additionally stated.
He stated that since its launch in Nigeria in 2011, the corporate has entered into partnership with main banking establishments, together with First Bank of Nigeria Limited, Guaranty Trust Bank, Access Bank Plc and Ecobank Plc.
Stewart assured that its system is fraud proof as the corporate has three ranges of compliance checks in place to test the actions of fraudsters.
WorldRemit is the main digital money transfer service that makes sending money as simple as sending an on the spot message.
Known for its mobile-first strategy, nearly all of WorldRemit’s clients are migrant employees who ship money again house to assist their family and friends.
Users may even pay for varsity charges, utility payments and groceries through their cellphones.