MoMo PSB Champions Large Cross-border Financial Transfers In Africa

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MoMo PSB Expands Cross-Border Money Transfers Across Africa, Boosts UK, US, Europe Remittances

Customers of MoMo PSB in Nigeria can now send money to a larger network of African nations, including Ghana, Benin Republic, Rwanda, Togo, Cameroon, DR Congo, Congo Brazzaville, The Gambia, Côte d’Ivoire, Liberia, Malawi, Zambia, Sierra Leone, Uganda, and now Kenya and South Sudan, thanks to the most recent expansion.

Customers can easily receive international transfers from senders in the US, UK, Canada, and Europe straight into their MoMo wallets on the inbound corridor. This development strengthens MoMo PSB’s expanding role in providing Nigerians both at home and abroad with quick, safe, and inclusive cross-border payments.

MoMo PSB’s continued dedication to promoting financial inclusion by streamlining the cross-border money transfer process is reflected in the improved service offering. Consumers gain from quick transaction processing, affordable exchange rates, safe transfers, and the simplicity of getting money straight into their MoMo wallets, which eliminates a lot of the hassles and delays that are typically connected with international remittances. Strategic alliances with Brij, Lightway Finance, and Thunes are what propel the growth, utilising their worldwide payments infrastructure to provide dependable, effective, and legal cross-border transfer services.

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Usoro Usoro, Executive Director, Strategy and Stakeholder Management, MoMo PSB, commented on the development, saying: “Through our partnerships with Lightway Finance and Thunes, we have strengthened our international payments infrastructure to support both outbound and inbound remittances across key corridors. This expansion reflects our commitment to building secure, scalable, and inclusive financial solutions that meet the evolving needs of our customers.”

BrandSpur banking and finance news desk reports that MoMo PSB continues to deepen access to financial services and strengthen Nigeria’s connection to the global economy by expanding its sending and receiving corridors, making international payments more accessible, affordable, and seamless for both individuals and businesses.