01 April 2015

WorldRemit lets customers send money to Tigo Pesa mobile wallets in Tanzania

24 June 2014  |  1004 views  |  0 Source: WorldRemit

People sending money to friends and family in Tanzania using WorldRemit can now choose to have the funds delivered to a Tigo Pesa mobile wallet.

The new payment method is available to WorldRemit customers sending money from 35 countries. It complements existing receive options for Tanzania including bank transfer, cash pickup and mobile airtime top-up.

WorldRemit is an online service that allows people to send money around the world quickly and at low cost, using a computer, smartphone or tablet.

Ismail Ahmed, World Remit's Chief Executive Officer said: "I am delighted that WorldRemit is now able to offer Tigo Pesa as a way of receiving money in Tanzania. Today people use their money in lots of different ways and financial services need to respond to that.

"At WorldRemit we aim to give people as many money transfer options as possible, from bank accounts and cash pickup to mobile wallets and airtime top-up. This is the sort of choice and flexibility that people demand in a modern, connected world."

Migrants from Tanzania sent US$75m back home in 2013, according to the World Bank. The same research found that remittance payments to Tanzania from overseas have more than doubled since 2008. 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)
Your browser is unable to support Flash files.

Top topics

Most viewed Most shared
Europe sets the pace as fintech investment...
6377 views comments | 29 tweets | 20 linkedin
UK online banking fraud losses soar 48%
5873 views comments | 16 tweets | 19 linkedin
Future Money Focus: Mariano Belinky, Santa...
5498 views comments | 12 tweets | 12 linkedin
Google preps Gmail bill payment feature
5162 views comments | 15 tweets | 12 linkedin
Barclays and PayPal join Government ID acc...
4992 views comments | 10 tweets | 11 linkedin

Featured job

to £100k base, commission, benefits
London, UK

Find your next job