Millicom’s Tigo Pesa has partnered with WorldRemit, an online peer to peer money transfer service to enable the Tanzanian diaspora to directly send money to families and friends back home through their smartphones, tablets and computers.
Tigo Head of Mobile Financial Services, Ruan Swanepoel said working with WorldRemit is part of the company’s strategy to fully integrate Tigo Pesa to the international payment system.
“Our vision is to make Tigo Pesa customers enjoy making unlim ited financial transactions both locally and internationally from the convenience of their phones. WorldRemit provides not only increased transfer speed but also offers better rates as compared to other available money transfer services,” Ruan said.
Tigo and WorldRemit aim to serve about 250,000 Tanzanian emigrants living abroad, according to the latest World Bank data, with the United Kingdom, United States and Canada having the highest numbers of Tanzanians living outside of Africa as well as tap into US$64 million remitted from Tanzanians living abroad.The top sender countries responsible to Tanzania include Kenya, United Kingdom, Uganda, Canada, United States, Australia and South Africa. Apart from international remittances to Tanzania, WorldRemit customers will also be able to buy airtime top up and transfers to bank accounts.
Tigo and WorldRemit aim to serve about 250,000 Tanzanian emigrants living abroad, according to the latest World Bank data, with the United Kingdom, United States and Canada having the highest numbers of Tanzanians living outside of Africa as well as tap into US$64 million remitted from Tanzanians living abroad.The top sender countries responsible to Tanzania include Kenya, United Kingdom, Uganda, Canada, United States, Australia and South Africa. Apart from international remittances to Tanzania, WorldRemit customers will also be able to buy airtime top up and transfers to bank accounts.
WorldRemit money transfers to Mobile Money services in Africa have grown by more than 200% over the past year, and represent over 30% of all WorldRemit’s transfers originating in Europe and the USA.
Jeff Pietras, VP for International Product Development, WorldRemit said: “WorldRemit is revolutionising the tired world of money transfers through our online and mobile only service. People around the globe can send money instantly to Tigo Pesa wallets with just a few clicks or taps on their smartphone and enjoy fair, transparent pricing.”
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