Opay and WorldRemit partner to offer international mobile money transfer

Must Read

Ogun State Resumes Monthly Environmental Sanitation this Saturday

After a long break due to COVID-19 pandemic, the Ogun state government says the monthly Environmental sanitation exercise will...

HealthPlus Appoints Chidi Okoro as Interim CEO

The Board of HealthPlus issued an instruction terminating the appointment of the CEO Mrs. Bukky George and asked Mr....

HealthPlus: Attempted Hostile Takeover By Foreign Private Equity Firm

On Friday 25th September 2020, a Press Release was purportedly released by Health Plus Limited (‘the Company’ or ‘HealthPlus’)...
- Advertisement -

Opay, a mobile money company, announced a partnership with WorldRemit to offer international money transfers into OPay mobile wallets. This would enable Opay users in Nigeria to receive money from the countries that WorldRemit also services (over 50). WorldRemit expanded its operations to Nigeria in 2019.

It had initially partnered with Paga last year. Last month, it also announced plans to acquire Sendwave, a remittance firm focused on Africa.

Opay and WorldRemit partner to offer international mobile money transfer

Opay’s Director of Remittance Service, Mr Kunle Olamuyiwa in a statement on Tuesday in Lagos said that the partnership would provide Nigerians with a fast, easy and more affordable way to receive money directly into their mobile phones from over 50 countries.

“The countries include the United States, United Kingdom and Canada.

- Advertisement -

“We are very excited about our partnership because our goal is to consistently drive financial inclusion across Nigeria, meeting the demands of the banked and unbanked.

“With this partnership, we will smoothen the process in which Nigerians receive money from friends and families abroad,’’ he said.

Olamuyiwa said that with its seamless technology, OPay provided Nigerians with the comfortable and faster option to receive money in the comfort of their homes.

Read Also:  Heineken Reinforces Category Leadership; unveils Sleek and Stylish new 33cl Cans (Photos)

“Our 300,000 agent locations spread across the country make cash withdrawals more convenient.

- Advertisement -

“We also offer an exciting opportunity for customers to save and invest their money in FlexiFixed service, which offers up to 12 per cent returns per annum.

“New customers can download the Opay app from the Google Playstore or iOS store and upgrade to KYC level 2 to instantly access the service,’’ he said.

Mr Gbenga Okejimi, WorldRemit Country Manager for Nigeria and Ghana, said that the partnership would disrupt traditional money transfer methods by delivering services that customers could access through smartphones.

Okejimi said that the platform had also reduced prices in 48 corridors and passed savings onto its customers.

- Advertisement -

“We are proud to play our part in making sure our customers can continue to support their families and friends throughout this challenging time due to the disruption caused by COVID-19,’’  he said.

- Advertisement -
Opay and WorldRemit partner to offer international mobile money transfer - Brand SpurOpay and WorldRemit partner to offer international mobile money transfer - Brand Spur
- Advertisement -

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Opay and WorldRemit partner to offer international mobile money transfer - Brand SpurOpay and WorldRemit partner to offer international mobile money transfer - Brand Spur

Latest News

DBN Advocates Capacity Building as a Tool for Increased Lending to SME’s

GoBusiness and financial experts at the recent Development Bank of Nigeria(DBN) Capacity Building Webinar have tasked financial institutions on...

HealthPlus: Attempted Hostile Takeover By Foreign Private Equity Firm

On Friday 25th September 2020, a Press Release was purportedly released by Health Plus Limited (‘the Company’ or ‘HealthPlus’) announcing the alleged appointment of...

Investor To Buy 45-Yr Old Peugeot Plant For N21bn

A new core investor is set to take over the management of PAN Nigeria Limited (formerly Peugeot Automobile Nigeria Limited) in Kaduna by October...

Nigerian Clean Energy Bill 2020

As we stand, the whole world is moving away from fossil fuels. By 2050, our crude oil will be useless as no one will...

Local bourse sees biggest week-on-week gain in 4 months, as Market Cap up by ₦390.32 billion

The domestic equity market recorded its biggest gains since May this week, as it closed positive in all the five trading sessions. The impressive performance...
- Advertisement -
BrandsPur Weekly Cartoons
- Advertisement -Opay and WorldRemit partner to offer international mobile money transfer - Brand SpurOpay and WorldRemit partner to offer international mobile money transfer - Brand Spur